Top 20 Companies for Annuity Sales
Although sales of annuities fell in the second half of 2011, first-half sales were so strong they propelled total sales up by 8% in 2010, to $240.3 billion, says a LIMRA report.
Lifecycle Products Grew 8% in Q4 to $842 Billion
Target-date and target-risk products grew 5% in 2011 and 8% in fourth quarter, according to New York-based Strategic Insight.
Direct Firms Can Grow Through Managed Accounts: Cerulli
In its managed accounts edition of The Cerulli Edge, the company finds that even as wirehouse market share declines, that of the direct channel is growing steadily, if not at a breakneck pace. The reason? Direct providers are able to keep their existing self-directed clients interested by providing managed accounts...
Lifecycle Funds Grew 8% in Q4 to $842B
Assets in target-date mutual funds remain highly concentrated among five firms, says Strategic Insight.
Top 10 Biggest College Savings Plans
Total 529 savings plan assets topped $144 billion at the end of 2011, a 7.3% increase from the third quarter, according to Financial Research Corp.
Top 20 TIPS Funds in 401(k) Plans: BrightScope
Research firm BrightScope announced this week the Top 20 Treasury Inflation Protected Securities (TIPS) funds by total distribution.
MF Global Bankruptcy Spooks Investors; First U.S. Casualty of Europe’s Debt Crisis
MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection in what is seen as the first major U.S. casualty of Europe's debt crisis.
How a Freethinking Economist Saved Your Retirement Portfolio
Research by economist Richard Thaler, a professor at the University of Chicago, has “nudged” vast numbers of Americans to a higher savings rate.
Vanguard, TIAA-CREF Named Asset Management Leaders in Mobile Finance
Corporate Insight released on Wednesday a report detailing trends in mobile finance, naming Vanguard and TIAA-CREF as the leaders among asset managers in the mobile space.
TIAA-CREF Partners With CFDD to Create RIA Network of Retirement Plan Services
Program will help plan sponsors and participants evaluate advisors for worksite financial education and advice.