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].
A new survey finds that among those who report having ever combined finances in a relationship, two in five (43%) confess to committing an act of financial deception.
Most advisors are looking for steps to make sure they finish the year strong. Here are a few tips on how to use the final weeks of the year to make 2021 a strong campaign.
As advisors and agents set goals for themselves, they should keep three things in mind if they want to increase their chances of success, experts say.
Ninety-one percent of investors say it is important that their retirement income plan is designed to provide a guaranteed income payment or principal protection.
American workers are concerned about retiring in a market downturn and losing a significant portion of their life savings when they need it the most, a new survey finds.
According to the American Association for Long-Term Care Insurance (AALTCI), the number of individuals who purchased traditional LTCI products declined last year.
The pandemic prompted 44.5 million Americans to have first-time discussions about topics such as finances, health and legal plans.
The premium for being the primary firm (where the most money is kept), is up 14 percentage points, going from 65% in 2010 to 79% in 2020.
Employees (62%) are also very satisfied with their employment-based retirement savings plans. In fact, 60 % of them say that their retirement plans continue to be an anchor of financial well-being, which is a 5% increase from 2020.
The life insurance sector remains a highly rated sector, a panel from S&P Global Ratings agreed. Ninety-two percent of companies are rated A or higher, and 93% have a stable outlook.
Most employees expect their workplace benefits to play a larger role in their future job selection (68%) and in their household financial decisions (61%), according to a survey by Voya Financial.
Forty-five percent of businesses see access to a financial professional as the most useful financial-wellness offering for employees.
In its 2021 Insurance M&A Outlook, Deloitte noted that the number of insurance deals for 2021 to date is up by 18%, and the aggregate deal value is about four times higher than in 2020.
The pandemic has highlighted health concerns and is a special challenge for those who need long-term care services.
These rising stars discuss how they navigated their first few years in the business.
Advisors share their experiences connecting with clients in a socially distanced world.
The pandemic has forced advisors and clients into new ways of doing business.
Hartford’s fire chief used the principles of servant leadership to improve his department’s performance.
