Capital

Accumulated assets.

Retirement Planning Options

What options are available to a soon-to-be retired household that is financially constrained?  What levers can be pulled if desired retirement spending is not realistic in light of retirement savings?

The financial profile we developed in related articles offers a case study of a financially constrained household.
What options are available to a soon-to-be retired household that is financially constrained?  What levers can be pulled if desired retirement spending is not realistic in light...
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Longevity Market Development Still in Infancy

A recent article in Bloomberg discusses the state of capital market solutions for the transfer of longevity risk . The reality is that the longevity market is still in its infancy and there are a number of obstacles that are affecting its development. One of the main hurdles involves the fact that longevity risk is very long-term in nature. Securities that mature over the course of 20 years are not hugely appealing to hedge fund managers who are providing quarterly performance reports to their...
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Top Stories at Finovate Spring 2011

The increasingly popular Finovate Conference Series just completed its spring event in San Francisco.

64 very interesting companies presented brief technology/product demos to a large audience of financial services media, analysts, investors, potential partners, competitors, and other industry participants.

All of the presenting companies are focused on technology innovation in finance, and most of the companies are young.

Below is a recap of some of the more interesting stories at the conference.  There are five companies/stories in each category.  The categories are intended to represent the perspectives of what could be considered core audience segments for the presenting companies.  In other words, each category lists the companies that might be...

RMS Model Provides a New Perspective on Longevity Risk

Risk Management Solutions (RMS) is well known as a leader in the area of catastrophe modeling and analytics.  The company provides its services to a broad range of insurers, reinsurers, consultants and capital markets participants who are active in the property and casualty insurance industry.

More recently, the company has developed resources that focus on life and health risks.  Though initially focused on...

Genworth is Exiting the Variable Annuity Market

Genworth Financial is discontinuing sales of its variable annuity products. The company plans to stop the sale of any new variable annuity products by the end of the first quarter of 2011. Genworth has had an active presence in the variable annuity market as a top 20 U.S. company with $2.3 billion in sales in 2008. Genworth's exit leaves the U.S. variable annuity market increasingly concentrated with 5 insurance companies controlling 55 percent of the market. Genworth's decisions comes at a...
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