The Global Perspective Industry

News

Boomers’ Golden Years Don’t Glitter As Brightly

Rather than looking forward to globe-trotting or golf, pre-retirees worldwide now worry about meeting daily expenses during retirement, a new survey by The Hartford shows.

Manulife Expects $250 Million Loss for Third Quarter

The company expects its regulatory capital ratio to be within its targeted operating range of 180% to 200% for the third quarter, however.

Canadians Seek To Delay Withdrawals From Retirement Accounts

Some Canadian retirees want to delay withdrawals—which might force the liquidation of depressed assets—until share prices recover.

Canadians Fretful About Retirement

Nearly 30% of Canadians nearing retirement are not confident they have saved enough to maintain their standard of living once they leave the workforce.

Genworth Sees Opportunity in UK Retirement Market

Genworth has formed a retirement income and wealth management team in Europe, and sees opportunity in the UK fee-based adviser market.

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Articles

Annuities Remain Best Bet For Retirees

Outside of a defined benefit plan, traditional life annuities issued by insurance companies are the best ways to reduce longevity risk for women. Yet few retirees purchase them, according to a recent report entitled, 'Evaluation of Approaches To Reducing Women's Longevity Risk.' The report, by Beverly Orth of Mercer Human Resource Consulting, confirms the conventional wisdom that variable annuities, though popular as tax-deferral vehicles, are almost never annuitized. She attributes that to a lack of education about annuities and the media's negative portrayal of them.

In Pursuit of 'Pension Pots'

America's leading variable annuity issuers are bullish on John Bull. Over the past 12 to 18 months, AXA Equitable Life, The Hartford, Lincoln Financial...

Finally, the Yield Curve Turns Positive

After lying prone or inverted for what seemed like an eternity, the interest rate yield curve returned to a more normal upward slope in September after...

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