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Cover Stories

Volcker’s Minsky Moment

by Kerry Pechter

Volcker’s Minsky Moment

Wed, Apr 21, 2010

“The banks shouldn’t be running casinos on the side,” said former Fed chairman Paul Volcker at the Hyman P. Minsky Conference in New York last week.

Annuity Products That Will Sell

by Kerry Pechter

Annuity Products That Will Sell

Wed, Apr 14, 2010

At LIMRA's 2010 Retirement Industry Conference, consultant Timothy Pfeifer identified the deferred and immediate products that he thinks are ideal for insurers, distributors and investors today.

Turning Home Equity into Lifetime Income

by Joseph A. Tomlinson, CFP

Turning Home Equity into Lifetime Income

Tue, Apr 06, 2010

A financial planner compares and contrasts three ways to create monthly income for life from a typical reverse mortgage.

Eating the Competition’s Lunch

by Kerry Pechter

Eating the Competition’s Lunch

Tue, Mar 30, 2010

MetLife’s Retirewise program offers hundreds of brown-bag seminars, like the one depicted in this ad, for 401(k) participants at firms where MetLife isn’t the provider.

News

What the ABACUS 2007-AC1 Offering Circular Says

Wed, Apr 21, 2010

In the Offering Circular for the CDO at the heart of the SEC lawsuit against Goldman Sachs, the investment bank disclaims any fiduciary responsibility toward other parties in the transaction.

New York Life Reports 2009 Financials

Wed, Apr 21, 2010

Operating revenue reached a new high and the firm expanded its surplus by $2 billion, to $15 billion.

Principal Financial Introduces Participant Planning Tool

Wed, Apr 21, 2010

The new tool gives financial professionals access to a comprehensive library of education plans and materials, the company said.

Affluent Still Nervous, Merrill Lynch Survey Shows

Wed, Apr 21, 2010

Almost three out of four affluent baby boomers ages 51-64 are concerned about whether their assets will last throughout their lifetime.

RIIA Weighs In on In-Plan Income Options

Wed, Apr 21, 2010

Lifetime income options should be offered by all defined contribution plans, but they shouldn't be mandated elections for all participants, RIIA says.