Chuck Jaffe, host of MoneyLifeShow, had me on as a guest today. I haven't tweeted much--not at all, really--because I preferred to save up my comments for my weekly e-newsletter, retirementincomejournal.com. But Chuck called attention to my Twitter handle, Kerry Pechter.

Chuck and I talked about my articles on the "Bermuda Triangle Strategy." That's what I call the three-way strategy by which life insurers, partnering with reinsurers and asset management firms, are reducing their capital requirements and increasing their investment returns.

These strategies are sometimes executed by unaffiliated insurers, reinsurers and asset managers. But sometimes they are affiliated, which reduces transparency and makes some people nervous about the quantity and quality of unseen assets backing their liabilities.

For more info, go to retirementincomejournal.com, and search for stories about "Bermuda Triangle."

The battle over the DOL rule isn't about ethics. It's about turf (trillions in rollover IRAs) and the ability to set prices on that turf.

"We'd rather lose half our clients in a raging bull mkt than half our clients' money in a bear mkt." From "Adaptive Asset Allocation"

"Legacy systems drive legacy thinking," says UK biz guru Amin Rajan on Brighttalk webcast, because tech drives biz and mgt models.

In J. of Fin. Plan'g, W. Pfau recommends no-balance HECM-LOCs but calls them an "unintended loophole" not attractive to lenders.

Direct-to-consumer no-agent online platform for sales of SPIAs, DIAs, QLACs, and MYGAs launched at annuities.direct.

Great-West Finan'l to offer product-allocation tool to retail dist. partners mid-2016, Bob Shaw, pres. of GWF individual markets, tells RIJ

"When we do get to the end of the road, there's going to be a lot of rusty old cans there": at the SOA conference in NYC today

"Phyllis Borzi, Savior of Tax Deferral" on LinkedIn linkedin.com/pulse/phyllis-…

A federal judge has struck down MetLife's designation as a "too big to fail" SIFI, reversing regulators.

Resistance to robo at big finserv companies is about to turn into romance. It has in the UK. See wam-digitaltech.com/agenda/

I'm attending How the DOL Ruling Will Impact Incentive Plans Conference Call conta.cc/20dNKd5 #constantcontact

Inexpensive Advice for Index and Exchange-Traded Fund Investments nyti.ms/1pp9C5d

The IRS says no excise tax liability for possible prohibited transactions during the Fidu Rule limbo period, according to Drinker Biddle

A trip to D.C., last week yielded news on 3 issues: the fiduciary rule, state auto-IRAs, & auto-portability. My Linkedin page has details.

Popping (Dancing to an Afro Beat ) in Sevilla Spain youtu.be/3p4na75ITVY via YouTube

What about Kopser?