Tag Archives: 401l

Problems with American annuities do not bode well for British pensions selling at a discount.

I cannot see a happy end to this story – either in America – or in Britain, where much of annuity insurance written is backed by American insurers and American private credit. In America, annuities do go belly up and … Continue reading →

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Reintroducing pensions to the USA

The American Department of Labor is demanding that regulated sponsors of their workplace pensions convert participants’ account balances into an estimated monthly income stream at retirement. This follows primary regulation in Congress last year know as the SECURE Act Using … Continue reading →

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