Ayo Mseka has more than 30 years of experience reporting on the financial services industry. She formerly served as editor-in-chief of NAIFA’s Advisor Today magazine. Contact her at [email protected].
The battle against inflation, a possible recession and a potentially flat year for life insurance sales are all top of mind for financial services firms providing critical insights for advisors as they help their clients navigate the challenges and opportunities that lie ahead.
Study finds that the nation’s youngest adults are taking significant steps to improve their financial wellbeing, with the goal of retiring at age 59 – years ahead of the generations that preceded them.
Most mass-affluent households with $250,000 to $1 million in investable assets are missing out on taxable accounts and resulting liquidity, unlike households under age 35, according to a new research report by Hearts & Wallets.
The most popular life insurance stories in 2022 ranged from record-setting indexed life sales to re-thinking the “buy term and invest the difference” strategy. Here’s a look at the most-read life insurance articles in InsuranceNewsNet in 2022.
Over two-thirds of the 708 organizations responding to a recent survey said they plan to enhance health and benefit offerings in 2023, with the clear objective of supporting hiring and retention.
Forward-thinking advisors are embracing a variety of high-tech solutions even as they revisit the older, tried-and-true strategies. Here are 7 ideas advisors can use to boost their marketing plans as they search for growth in the year ahead.
The financial outlook for many Americans does not appear to be bright, as many continue to cope with high inflation and financial worries. In fact, more Americans say their financial situation is worse than it was a year ago – and don’t expect it to improve in 2023, according to a recent study.
During a recent EBRI Retirement Summit in Washington, D.C., U.S. Senators Ben Cardin (D-MD) and Rob Portman (R-OH) received the 2021 Ray Lillywhite Award for their lifetime work in enhancing Americans’ economic and retirement security.
More than half of current retirees aged 62 to 75 surveyed say they have retired from their jobs earlier than planned, according to EBRI’s 2022 Spending in Retirement Survey.
As the market for long-term-care insurance (LTCI) slows, the need for life insurance combination products appears to be increasing, according to LIMRA.
LGBTQ workers were less likely to be satisfied with their job, employee benefits package and paid leave, according to the 2022 Workplace Wellness Survey by EBRI and Greenwald Research.
With rising interest rates, an uncertain economy, and high inflation, many advisors may be worried about their prospects for enhancing the financial performance of their practice. Two industry veterans offer suggestions to tackle this challenge and make 2023 successful.
Why it’s vital to establish a formalized relationship and look at ways to go for the win-win.
As advisors increasingly work with clients and prospects virtually as well as in-person, many are looking for ways to successfully carry out one of their most critical tasks: obtaining referrals and introductions.
As Americans continue to grapple with high inflation, a new survey finds nearly half of its respondents are very concerned about inflation, and a third are holding more than 90% of their investable assets in cash.
Young workers are relying on more than their 401(k) plans to save for retirement, as other types of investments are playing a greater role in their long-term wealth plans, according a Schwab Retirement Plan Services study.
High inflation is causing many Americans to skimp on everything from buying groceries to paying for critical health care expenses, according to a recent Nationwide Retirement Institute survey.
During the height of the pandemic, advisors were forced to use remote communications to reach existing clients and acquire new ones. Now that a sense of normalcy has returned, advisors are looking for methods to effectively prospect in today’s hybrid world.
About 8 in 10 respondents to a recent study said they are taking steps to pass on wealth to their heirs, but are not discussing their plans with heirs – in some cases, in order to avoid any conflict such plans may evoke.
With a life insurance gap still present among Black Americans, an MDRT member shares some critical insights agents should keep top-of-mind as they pursue the African- American market.
