Insurer turns focus to tax deferral, alt investments and fee-based advisers
A same-sex marriage law that took effect July 24 in New York doesn't mean those couples can count on the same tax treatment that heterosexual unions receive, a discrepancy that some lawmakers and companies are seeking to mitigate.
Adviser turns camera on middle America; two RVs, a crew, and plenty of highway
Jackson National Life Insurance Co. will pay $621 million in cash for the life insurance assets of Swiss Re Group's American division
In-force VA block lapse rate jumped by nearly 50% after Hartford announced it would leave annuity biz; many contracts in the money
Company not prepared to put annuities manufacturer on its platform
Multistate settlement follows review on whether companies were holding funds that should go to beneficiaries.
Carrier's wholesalers met with advisers as recently as last week, said insurer was “committed” to annuity space
Gun-shy employees keen on investments that provide guaranteed income; little interest in diversification
Employers seeking lower fees, less volatile results through passive management
Automatic features of the 401(k) have improved savings opportunities for millions can workers over the past few years, but more could be done now and no new legislation is needed.
At House hearing, neither Dems nor Republicans seemed eager to tinker with main selling point of 401(k)s and IRAs
Study shows plan sponsors are mostly satisfied with fee info they're now receiving; much-delayed rule kicks in July 1
Reverse mortgages and managed futures emerging as options for affluent clients; munis in the mix as well
Mistakes with retirement account taxes are common with IRS rules so complex
More flexibility with withdrawal rate needed; emerging-markets investments change assumptions
American retirement security now ranks as a top concern of the White House, right up there with unemployment and the federal budget deficit. In a joint announcement Thursday, the Departments of Treasury and Labor unveiled two executive actions to expand the transparency of 401(k) fees and broaden the availability of retirement plan payout options to encourage the use of annuities to provide lifetime income.
Large record keepers in the catbird's seat with retirement account assets set to grow by 37% in next four years
The world's largest economy may need its second miracle in 15 years as waning productivity growth sets the stage for slower income gains, fewer job opportunities and larger federal deficits in the U.S.
