The use of accumulated assets to fund retirement income or other income requirements. Where a mutual fund might be used as an asset accumulation vehicle during one’s working years, annuities enable decumulation of those assets into a stream of income during retirement.
Putnam Investments President and CEO Robert Reynolds spoke on the need to address America’s lifetime income challenge at the recent Retirement Income Industry Association (RIIA) conference in Chicago.
While Reynolds has spent most of his career in leadership positions in the investment management industry, his...
Veritat is a start-up seeking to leverage process and technology innovation to scale a business model that is typically saddled with persistent and burdensome variable costs. If successful, Veritat will be able to deliver premium services to a mass audience.
As a registered investment advisor (RIA) that adheres to the fiduciary standard, Veritat provides comprehensive financial planning services through financial advisors who are employed by the company and share a common sense of mission.
We spoke with Dr. Kent Smetters who is the President of Veritat and a professor at the Wharton School at the University of Pennsylvania.
Annuity Digest: How did Veritat come into existence?
Dr. Kent Smetters:...
Tim Harrington is the Chairman and CEO of start-up eRollover.
Tim is a seasoned technology and consumer marketing entrepreneur. Among Tim’s accomplishments is the ecommerce company Fogdog Sports--a venture he led from inception through successful IPO and post-IPO merger.
We had the opportunity to speak with Tim before his presentation at the Finovate conference in San Francisco.
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Bob MacDonald has had a storied career as a leading entrepreneur and executive in the financial services industry.
Some of Bob’s roles include: president and CEO of ITT Life; founder, chairman and CEO of the highly successful LifeUSA, and; CEO of...
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