Divorce distribution and management fees
Offers guarantee on services.
While some call the annuities 'odious' due to complexity, others believe they're more straightforward than other annuity products.
A number of factors — DOL fiduciary, low interest rates and longevity — are coming together in favor of annuities if certain impediments are eliminated.
On Jackie Hunt's watch, home of what was once the world's largest bond firm reported its first net inflows since 2013, ending a painful period that culminated in the departure of star co-founder Bill Gross.
Insurers are speeding up their closures of L-share products as regulators crack down, but are quickly introducing new fee-based contracts.
For income portfolios, panelists at the Inside ETFs conference suggest wide diversification among dividend-paying stocks, corporate bonds and international debt.
Schwab and Vanguard at opposite ends of robos' performance spectrum, advisory firm's report finds.
Former bond king doubts Trump-led economy will register a long-term growth rate above 2%. (More: <a href="http://www.investmentnews.com/article/20161215/FREE/161219961/charts-say-bond-bull-market-has-gasped-its-last-breath" target=”blank">Charts say bond bull market has gasped its last breath</a> )
In a recent letter, the Labor Department said target date funds using annuities may be a prudent default investment option for employers.
Participants at the Inside ETFs conference in Hollywood, Fla., said smart beta could provide new opportunities for some funds
In his annual letter to CEOs, he said BlackRock will keep a close eye on how companies are responding to the growing backlash against the impact of globalization and technological change.
And passive once again clobbers active.
While most of the money went into index funds, $50 billion flowed into active funds that buy bonds or a mix of stocks and bonds.
Bid/ask spreads fall as volume rises.
If granted, the change would make it easier for some indexed annuity distributors to sell commission products under the Labor Department regulation.
Oakmark's David Herro takes his third award in the international stock fund category
