Who will back down in the Department of Labor’s fiduciary rule battle?
Ultrahigh net worth individuals said their biggest anxiety is running out of money or falling behind.
The average worker will need to save 11 times their final pay at retirement (age 65) to keep their pre-retirement lifestyle, according to a new Aon Hewitt study.
This is a sign that the companies are happy to use their own cash to reinvest in themselves and give shareholders a larger portion of the company and claims on future earnings.
The hybrid registered investment advisory (RIA) business has a new player — Voya Financial Advisors, the independent broker/dealer (BD) of Voya Financial Inc.
Adam Hamm serves as chairman of the National Association of Insurance Commissioners’ Cybersecurity Task Force, which has been urged to strengthen its “Consumer Cybersecurity Bill of Rights.”
With the exception of second quarter 2014, fixed index annuity (FIA) sales were “greater this quarter than in any other second quarter in the history of the product line,” said Sheryl J. Moore, president and CEO of both Wink Inc. and Moore Market Intelligence.
Portfolio yields are expected to decline over the next 12 to 18 months as interest rates remain low. Those declines will be even more pronounced for carriers with growing general account product sales, according to a research note published by Fitch Ratings.
Short-Term Care Sales Statistics Point To Coverage Gaps
The profile of short-term care insurance (STCi) buyers reveals that 90 percent are age 61 or older. This is an indication that coverage gaps remain among long-term care coverage policyholders and Medicare recipients, according to an industry expert.
What’s Behind The Numbers In The Latest IRS Tax Data?
The most recent batch of tax data shows the ongoing financial recovery. The information also could open some opportunities for advisor/client discussions.
Why Life Insurance Is Like A Love Letter
After you are gone, life insurance is a love letter to your family, said one advisor.
Similar concerns rocked the United Kingdom after sales commissioners banned. Here’s what happened.
The Employment Benefit Research Institute (EBRI) came out with a report that will boost interest in qualifying longevity annuity contracts (QLACs).
Some VAs Could Disappear From IRAs
Variable annuities (VAs) with no income guarantees will “probably be eliminated” from individual retirement accounts (IRAs) under the U.S. Department of Labor’s (DOL) proposed conflict of interest rule, a life insurance industry analyst said.
The noisy exchanges over the Department of Labor’s fiduciary rule have taken a small summer break in anticipation of the next comment period and Congress’ return.
Two metropolitan areas — Denver and Hartford — are listed among the top five as the healthiest and most affordable in which to retire. They also happen to be located in states with the highest densities of registered investment advisors (RIAs). Is this a coincidence?
By following three simple steps, you can turn LinkedIn into a powerful lead generation source for your business.
The newest annuity products to hit the marketplace are focused on retirement income — and retirement security. Here are a few examples of the different ways this is playing out.
Who Needs To Be A Millionaire?
A million dollars has been the magic number that people think they need to save for a secure retirement. But do they really need that much? Or do they need more?
