Advisors who downplay portfolio tax management could making a big mistake — for themselves and for their clients. The result could cost the clients a lot of money and expose the advisor to fiduciary rule liability, experts say.
Some final thoughts following the Insured Retirement Institute’s annual meeting.
Finance is the scariest topic people face, studies show. The way many financial professionals approach consumers compounds the fear. The findings are part of an emerging field of behavioral finance or financial psychology.
Delaware Life Insurance continues to boost its distribution network through acquisitions of broker-dealers and insurance marketing organizations, A.M. Best wrote in a recent analysis.
Over the past year, the cost of providing that home-based care has gone up faster than the cost of care delivered in other settings, according to a widely followed cost survey by Genworth Financial.
How to keep your client from receiving an unwelcome “gift” on their 100th birthday.
Weatherford Era Comes To A Close At IRI
This week’s announcement that Insured Retirement Institute president and CEO Cathy Weatherford would retire next year brings to an end her decade-long effort to broaden the IRI’s appeal beyond the variable annuity industry.
A psychologist urged advisors to think of insurance and risk pooling as an act of civilization and social construct.
Rep. Wagner Introduces Bill To Kill The DOL Rule
Rep. Ann Wagner, R-Mo., has introduced legislation that would create a new advisory standard somewhere between fiduciary and suitability.
Financial advisors are expected to rely more on fee income as the future moves to a best-interest world. But they might take a page out of the medical field’s playbook for how and where to generate fees, a financial leader said this week.
Another attempt to replace the Affordable Care Act died on the vine when Senate Republican leaders decided not to bring the Graham-Cassidy bill to a vote.
Ken Fisher is again campaigning against annuities. But does he really hate the product, as his famous ads claim? Our Kim O’Brien updates a 2015 column outlining her suspicions.
Drone technology is finding uses in the government, business and private sectors. Drone sales are expected to grow 50 percent to $12 billion by 2021. Advisors might begin getting inquiries about investing in drone companies.
The Republican health care bill is all but dead as another GOP senator announces his opposition to it.
A new annuity group is collecting signatures to lobby the Department of Labor on its fiduciary rule.
Advisors who deploy active portfolio management at their firms have several demands, including access to low-fee investments, and greater clarity/transparency on active management strategies.
Beginning Oct. 1, registered investment advisors (RIAs) will have to disclose more details around private funds they manage, social media postings, and other areas.
Racer Danica Patrick first obtained life insurance in her early 20s. Your “financial fitness” is an important part of your overall health, she said, and life insurance is key. Patrick is back as the celebrity spokesperson for Life Insurance Awareness Month.
Symetra Life Insurance will join the parade of insurers offering fee-based indexed annuities with the launch of two fee-based fixed indexed annuities.
