The Great Woodstock Festival in the Sky
Sure, there will be stresses to federal and state budgets as the Boomers—with their titanium hips, Van Morrison CDs and organic green tea supplements—push the envelope of human longevity. But that’s...
View ArticleAdvisors: Give this 'Tilt' a Whirl
Last month, we reported on John Walton's "tilt" method of fine-tuning systematic withdrawals in retirement. New research by the Texas hydrologist-turned-retirement income specialist combines tilting...
View ArticleQuote of the Week
“We see a very dramatic increase in the phenomenon of flat or falling incomes. The proportion of households that have been affected by this trend has virtually exploded, from less than 2% to as much...
View ArticleDC plans still slow to embrace lifetime income: Willis Towers Watson
Most employers prefer education and planning tools, and partial or systematic withdrawals during retirement, to annuities or other managed payout options, which consultants called “more effective."
View ArticleInside the Flight from Active Management
Nine-tenths of new fund flows are going to passive strategies, helped by a desire for low costs, the DOL fiduciary rule, and robo-advice. There's still a ton of money in active management, but “we see...
View ArticleIn July, U.S. equity ETFs received biggest inflow of 2016
It’s a sign that “market participants are as confident as ever that central bank intervention will keep inflating asset prices,” said David Santschi, CEO at TrimTabs.
View ArticleAARP offers $150k for Social Security innovation
Up to five successful applicants to AARP's 'Social Security Innovation Challenge' will be awarded up to $30,000 each to develop their policy innovations further.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleOff the Grid
As the DOL rule changes the role of the employee-advisor, the mode of compensating and incentivizing advisors may need to evolve. And that may spell changes in the almighty “grid.”
View ArticleWith ‘Fidelity Go,’ Fido Goes Robo
Although Schwab and Vanguard have a head start in this space, “I don’t think Fidelity has lost anything by waiting,” William Boland, an analyst with Aite Group, told RIJ.
View ArticleAdvisors: Give this 'Tilt' a Whirl
Last month, we reported on John Walton's "tilt" method of fine-tuning systematic withdrawals in retirement. New research by the Texas hydrologist-turned-retirement income specialist combines tilting...
View ArticleYale, MIT and NYU Sued over Retirement Plan Fees
The universities' retirement plans were the latest to be sued by the law firm of Jerome Schlichter (pictured at his office in St. Louis) for violations of fiduciary duty. The suits charge that the...
View ArticleVariable annuity fee income boosts Jackson’s performance
'Consistent with the rest of the industry, variable annuity sales have slowed due to market volatility and activity surrounding the U.S. Department of Labor fiduciary rule,' said Barry Stowe,...
View ArticleTIAA buys Everbank
EverBank stockholders will receive $19.50 per share in cash, or an approximate total of $2.5 billion.
View ArticleLincoln Financial Distributors enhances annuity sales demonstrator
The enhancement “helps advisors address the impact taxes have on retirement planning and the need for income in retirement,” said John Kennedy, head of Retirement Solutions Distribution, Lincoln...
View ArticleScalable Capital, a German robo, enters UK market
In addition to the average ETF fee of 25 basis points, Scalable Capital charges an all-in annual fee of 75 basis points, for an approximate annual expense ratio of 100 basis points (one percent).
View ArticleManweb Group and Abbey Life complete £1bn pension risk transfer
The deal is structured as a tri-partite insurance policy between Electricity Pension Trustee Limited, Manweb (a unit of Scottish Power, which is a unit of Iberdrola) and Abbey Life, according to...
View ArticleBank of England’s rate cut draws criticism
'Trustees of pension schemes, whose deficits keep rising, are facing almost impossible investment dilemmas,' said Amlan Roy of the London School of Economics.
View ArticleGreat American Offers No-Commission Indexed Annuity
'The DOL gave it some impetus, but the real issue is that the markets are pretty much topping out,' said Great American senior vice president Malott Nyhart.
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