Investing

Longevity risk has existed as an asset class for quite some time but has primarily been the focus of larger institutions. In a recent Financial Times article, the author discusses the recent proliferation of longevity and mortality related investment products. The range of product options include: Life settlements, blocks of annuities, reverse mortgages and life tenancies. Longevity/Mortality swaps. Structured notes, including pass-through, principal protected notes, coupon protected notes and...

Although mentioned previously , it is worth noting again that Moshe Milevsky is the most active, creative and interesting voice in the asset decumulation industry. Moshe produces copious amounts of outstanding materials that shed light on the world of annuities for both professional and consumer audiences. A recent interview in The Journal of Financial Planning is highly recommended. Moshe is working on a soon to be released book on lifecycle investing. In the Journal of Financial Planning...

There is a great op-ed piece in the Washington Post that discusses what the authors refer to as the "retirement problem." In a detailed article, the authors lay-out a case for why it may not be so wise--from a public policy perspective--to leave all retirement planning decisions in the hands of individuals and the free market. In a nutshell, the authors point out that: On the whole, we save too little. On the whole, retail investment returns lag average returns by significant margins due to...