No. of Recommendations: 2
Mar 2 issue of the Wall Street Journal has special section on retirement investing. Article on annuities indicates the following insurance companies (in addition to AIG) have asked National Association of Insurance Commissioners to allow them a "more generous treatment of deferred tax assets in calculating their capital."--

Allstate
Hartford
Lincoln
Principal
US units of Aviva and ING

This would seem to imply concerns about meeting capital requirements they must maintain to support their ability to pay benefits.

Mutual fund performance statistics for 1 yr ending Feb 27: Of the 66 largest stock mutual funds listed, none had positive total return for the past 1-yr. Most were -40 to 50%. The best was -29.1%.

If your fund did not perform well in this period, don't feel bad. You were not alone.

In individual categories, all stock groups, large cap, small cap, mid-cap, average return was -45% or so. Only bond funds had some gain.

Bottom line. If you were in stocks, you got clobbered.

Those who are out there claiming they can manage your money better than whoever does it now, have some explaining to do.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement