Linda Koco, MBA, is a contributing editor to InsuranceNewsNet, specializing in life insurance, annuities and income planning. Linda can be reached at [email protected].
Fixed index annuities (FIAs), the long-time darlings of the insurance agency world, may be on their way to becoming the darlings of their one-time nemesis, the broker/dealer community.
The pension risk transfer (PRT) market is not something that retail agents know much about, because they don’t work in…
The Obama Administration delivered two booster shots to the retirement industry as part of Monday’s 2015 White House Conference of Aging, held in Washington and online.
A lack of safe alternatives is leading younger people to the safety and possible gain of fixed index annuities, according to Wink Inc.
At least five states have passed laws creating state-level (not city-level) retirement saving programs for workers at small firms, and when seven to 10 other states are considering similar measures.
Generation Y had a surprising answer to a survey on purchasing annuities.
The subject of women’s financial stress is of growing interest to the insurance and financial community, given the pivotal economic position of women in family finances.
Retired basketball legend Earvin “Magic” Johnson has acquired more than 60 percent of EquiTrust Life from Guggenheim Partners.
Two proposals for funding long-term care may be of especial interest to annuity and retirement professionals who are looking for innovative ideas involving hybrid annuities and long-term care insurance.
The exchange concept has surfaced recently for a variety of insurance and financial solutions, well beyond health insurance. Here are some examples.
Slightly less than one-tenth (9 percent) of Americans of all ages do “expect to be able to rely” on an annuity for part of their retirement income, and 43 percent are somewhat or very interested in the features that annuities include.
Agents and advisors have numerous retirement income tools and solutions to consider when structuring a guaranteed monthly income stream for clients. The question is, which products to use and how much to allocate to each one?
Genworth says even if it sells a division it will still sell long-term-care insurance and annuity/LTC combos…
More than half of U.S. households of people 55 and older have no retirement savings in a defined contribution plan…
Many older Americans likely received 28 percent higher retirement income in 2013, or almost $71 billion more in aggregate, than previously assumed, according to analysis.
Insurance companies need to own and control the image of annuities by being proactive in driving the annuity message, maintained an executive from Deloitte Center for Financial Services.
Time was when most life insurers had no underwriting policy regarding an applicant’s use of marijuana. But that’s no longer the case.
The research hits to the core of what is widely being called the American retirement crisis.
The number of people electing in-plan retirement income guarantees has increased for three years in a row. By the double-digits. This has implications and opportunities for advisors as well as providers, employers and participants.
MetLife’s newest qualifying longevity annuity contract product is designed for use as an annuity-based retirement income distribution option for 401(k) retirement plans.
