Richard Fullmer

Actuarial investment portfolio strategist and research consultant on retirement income, pensions, and fair tontine design.

[Pensión Research & Consulting @pensionrc]

📢 We are excited to introduce our esteemed speaker, Richard Fullmer (CEO of Nuovalo) for the session titled: 'Robo-tontines for the decumulation phase of retirement planning' during the 2nd Annual Pensión Conference.

#conference #pension #speaker #nuovalo

[Richard Fullmer @fullmerr]

@RetirementQuant Yikes

[Richard Fullmer @fullmerr]

@MarceloNasser5 Tontines do exist in the US, but the word “tontine” is problematic because people have widely different interpretations of what the word means. I’ve largely stopped using the word, preferring instead “longevity risk sharing” as being more descriptive and less misunderstood.

[Richard Fullmer @fullmerr]

@OS_Mitchell What?!!! At least they say it “can be part of a healthy diet.” Crisis averted.

[Richard Fullmer @fullmerr]

@WSUCougarXCTF Truly a legend. RIP Henry Rono.

[Richard Fullmer @fullmerr]

@IlliniBizDean @onepeloton Solid! Congrats.

[Richard Fullmer @fullmerr]

“It’s just basic finance”

[Olivia S. Mitchell @OS_Mitchell]

#PublicPensions much less well funded than it appears, if you do the math right. @joshrauh https://t.co/T1o84ERT5q

[Richard Fullmer @fullmerr]

Muy triste…

[The New York Times @nytimes]

At least 64 people are dead in Chile after devastating wildfires swept its Pacific Coast, with experts saying El Niño made conditions ripe for fires.

“That number is going to go up, we know it’s going to go up significantly,” President Gabriel Boric said. https://t.co/KjbUgRfBXV

[PRC @PensionResearch]

Our newest volume, 'Pension Funds and Sustainable Investment: Challenges and Opportunities,' is now available open access via @OxUniPress https://t.co/eUJKSxXBDo

[Pension Policy International @PensionPolIntl]

Chile Lower House Approves Base Text of President Gabriel Boric’s Pension Reform

#PensionsChile #PensionReform #Contributions

https://t.co/i8LDkN40in

[Juan C. Gutiérrez @gutijuancg]

Aplica para Colombia....

There are lessons here for those who want to strengthen democracy and build new institutions to combat inequality and protect the disadvantaged.

https://t.co/ltnSkPjawE

[Richard Fullmer @fullmerr]

@nikir1 You definitely aren’t the only one. I may not like it, but I always show up, respond truthfully, and never try to get out of my obligation. Words to live by.

[Andrew G. Biggs @biggsag]

My new paper with Alicia Munnell argues for rolling back the federal tax expenditure for retirement plan contributions and redirecting the savings to Social Security. Full repeal would fix roughly 3/4 of Social Security’s long-term funding gap. @aeiecon @RetirementRsrch

[Richard Fullmer @fullmerr]

@davidllada They are all wonderful... although would be better if there were no people in the background.. was that an oversight? I would probably choose the second one (mouth closed), except for the people in the background.

[Richard Fullmer @fullmerr]

@Nuovalo got around last year! Read what we've been up to, and where... #longevity #risk #sharing #pensions https://t.co/BbkqTbj9eN

[Richard Fullmer @fullmerr]

@IlliniBizDean Fantastic! This is very high on my bucket list.

[Richard Fullmer @fullmerr]

@JohnRalfe1 Agree! Longevity risk pooling can be accomplished very simply and transparently. No need for shenanigans or shadiness. @nuovalo risk pooling solutions. Objective research, design, implementation, administration.

[Richard Fullmer @fullmerr]

@LyndaWhitney @PPI_Research If you limit the solutions to traditional investment strategies only, with no longevity risk pooling, then yes. But once longevity risk pooling is introduced, the problem of DC plan decumulation becomes relatively simple. @nuovalo @nuovalongevita

[Richard Fullmer @fullmerr]

@numberblocks @CBeebiesHQ 🎉 Yay!

[Richard Fullmer @fullmerr]

@OS_Mitchell Really cool that the top 3 in this list are all places where @nuovalo has been involved in pension reform efforts 🫶