Insurance: The ‘Putter’ in the Retirement Golf Bag
“You drive for show but putt for dough,” AXA executive Nick Lane said during an IRI panel, painting insurance as an essential retirement funding tool.
3 Questions Leaders Should Ask Themselves
Great leaders of the future will have a completely different leadership model, says Mark King, Adidas Group North America president.
Top 5 Retirement Expectations of Boomers
Baby boomers are retiring in droves. In five charts, here are their expectations for the future, according to IRI.
SEC Issues Mutual Fund Prospectus Guide, Delays Annuity Summary Plan
The Securities and Exchange Commission recently released mutual fund guidance that advises registrants to reduce the length of the summary disclosure to three to four pages and to use “plain English” to explain disclosures.
White House Getting Involved With DOL Fiduciary Redraft
The White House’s National Economic Council will be performing “industry outreach” regarding the DOL's fiduciary redraft, according to industry officials.
NARAB II Bill Would Help Retirees Keep Advisor When Moving Out of State
IRI says there is unprecedented support for the bill, which would establish an insurance licensing clearinghouse for financial professionals operating in multiple states.
New on the VA Block: The GOVA
Several annuity companies are now offering what the Insured Retirement Institute calls an innovative product: the growth-oriented variable annuity (GOVA). The annuity, IRI said, is designed to grow and protect the annuity holder's asset base, knowing that it can be converted to a guaranteed income stream at a later date.
Retirees Suffer as 401(k) Rollover Boom Enriches Brokers
A three-month Bloomberg investigation found that former employees at major companies say sales reps lured them into rolling their 401(k)s into unsuitable investments.
New Hire Roundup: Curian Capital Names Czaicki CIO
Also, the SEC brought in Stephanie Avakian as deputy director of enforcement.
More Boomers Plan to Work Till 70 or Older: IRI
There was good news and bad news in a recent study on baby boomers' retirement readiness by the Insured Retirement Institute.