October 8, 2008 – Ninety-nine percent of those surveyed at annual conference believed that most retirement-minded Americans will react to the financial crisis by moving money into safer investments.
October 7, 2008 – AIGs problems came from its parent company and from its non-insurance operations, which are not regulated by New York or any other state, said New York State's insurance superintendent.
October 6, 2008 – Allianz intends to purchase $750 million of preferred shares convertible to common stock, and $1.75 billion of 10% junior subordinated debentures.
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October 3, 2008 – In the future, 401(k) plan participants may go online to view their guaranteed monthly income in retirement. That's one of the ideas put forth at RIR's roundtable discussion on deferred income solutions in retirement plans, sponsored by Prudential.
October 3, 2008 – Both John McCain and Barack Obama have incorporated retirement savings into their agendas. So far, Obama has been more explicit about his proposals.
October 3, 2008 – The 'bucket method' of assigning money to short-, medium and long-term accounts has long served as a way for advisers to control risk and generate income for retirees.
October 3, 2008 – The hero of my latest screenplay is an 82-year-old man with a $1 million life insurance policy. He's pursued by bloodthirsty beneficiaries and a pack of life settlement salespeople.