A Gentle Introduction to Investing

How can people make good investment decisions when they don’t know the difference between a stock and a bond? Many beginning investors are intimidated by the prospect of learning about economics and finance – subjects that, for many, are deadly dull – or of meeting with salespeople trying to push investment products and schemes, or… Read more »

Investment Quarterly and Fiduciary Forum

Below is a collection of past issues of our Investment Quarterly and Fiduciary Forum.   Investment Quarterly   Investment Quarterly 1999 Q4 Diversification versus New Paradigm Investing Variance Drain: Maximizing Return May Be Hazardous to Your Wealth Portfolio Allocation and Risk Loading Factors Investment Quarterly 2001 Q1 The Great Debate: Behavioral vs. Standard Finance Predictability… Read more »

Money Market Reform: What You Should Know

The ubiquitous money market mutual fund has been a hot topic at the U.S. Treasury Department and the Securities Exchange Commission (SEC) since the Great Recession and Financial Crisis of 2008/2009. The Government’s concerns are based on actions taken by institutional investors during the crisis when a large institutional money market fund could no longer… Read more »

Patrick Collins presentation

Patrick Collins is speaking on the topic of “Monitoring and Managing a Retirement Portfolio” at a July 2016 conference at Salem State University, Massachusetts for the Retirement Income Industry Association.

Annuities and Retirement Income Planning

Although academic studies evaluate the optimality of annuities, advisers assess solutions in terms of contracts governed by insurance carrier profit objectives, tax code provisions, and regulatory restrictions. A variety of annuities exist and, for each type, there is substantial heterogeneity of contract provisions. Practitioners may benefit from an overview of the US annuity marketplace with… Read more »

How Risky is Your Retirement Income Risk Model?

Sustainability of adequate lifetime income is a critical portfolio objective for retired investors. There are a number of ways to ascertain the likelihood that a portfolio’s investment strategy is suitable to its cash flow requirements. This article provides a brief review of various retirement income modeling approaches including historical back testing, Monte Carlo simulations, and… Read more »

Webinar Replay: How Risky is Your Retirement Income Risk Model?

We are pleased to announce the availability of a replay of a webinar recently presented by our Senior Analyst, Huy Lam, to the Retirement Income Industry Association (RIIA). “How risky is your retirement income risk model?” is available to RIIA members. Huy discusses the key aspects of retirement success, and provides a review of various… Read more »

Actuarial Publications: Patrick Collins et al.

A list of published articles on the topics of Life Insurance and Annuities, Irrevocable Life Insurance Trusts and Fiduciary liability for insurance transactions and policy management.   Asset Allocation, Human Capital, and the Demand to Hold Life Insurance in Retirement – Patrick J. Collins, Ph.D., CLU, CFA, and Huy Lam, CFA, Financial Services Review, (Winter,… Read more »