Happy Friday, readers! It’s always a bit of a challenge each week picking a theme for the Friday afternoon mailing, especially during these times of fast-paced regulatory and market evolution. This week the job was made a little easier by the impressive reaction to a story about a new, simple approach to retirement spending proposed by a fellow of the Society of Actuaries. One reader suggested participant spending in retirement is “quickly becoming the next big plan design concern.” What do you think?
Evan Inglis says his “simple but effective” new rule recognizes the lower level of returns we are likely to experience in coming years due to low interest rates and other factors such as demographic trends.
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Results of the Federal Reserve’s latest Survey of Household Economics and Decisionmaking suggest income volatility has become a real hurdle to retirement saving and wealth forecasting.
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Employees need protection for their retirement income. Planning should include addressing market risk, taxes and inflation, but also health care expenses, long-term care and legacy plans.
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Until 401(k) plan sponsors are more comfortable offering in-plan retirement income products, the industry must find solutions to deliver nuanced advice around retirement income to low-balance investors.
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In a colorfully worded opinion, the district court judge chides plaintiffs for failing to acknowledge basic facts about the way annuities work and their well-established role in 403(b) plans.
PLANADVISER has announced winners of the fifth annual Adviser Choice Awards, to be handed out at the PLANSPONSOR/PLANADVISER Excellence in Retirement Awards 2019 on March 28th.
According to a study from the National Institute on Retirement Security, in 2016, each dollar paid out in pension benefits supported $2.13 in total economic output nationally.
The Standard Adds Retirement Plan Consultants to U.S. Regions; Regional Sales Director Joins OneAmerica’s Northern California Team; Two West Advisors Partners with TAG Resources; and more.
