Retirement

Lack of Financial Advisors Serving Mass Market

There is a factoid that stuck in my head after reading the recent paper on retirement income sponsored by the

New Deferred Income Annuity from NY Life

News on a recent deferred income annuity product release from New York Life:

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Discounting Pension Liabilities with the Risk Free Rate

An interesting research brief from the Center for Retirement Research at Boston College discusses certain aspects of the present state state-run pension plans.

More specifically, this brief addresses locally administered pension plans.

An eye-opening statistic reveals that half of these pension plans would be considered unfunded if they discounted the value of their liabilities using the risk free rate.

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Bloomberg on Lifetime Income Boom

An article in Bloomberg discusses the strong revenue results recently reported by many

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