With the economy on the mend, the approaching shortage of financial advisors and large segments of the population underinsured or lacking coverage outright, two nationwide insurance carriers have announced major hiring initiatives…
A day after President Obama announced a new type of retirement account, Sen. Tom Harkin, D-Iowa, introduced new legislation to “tackle the retirement crisis” by automatically enrolling workers into a new pension system…
The White House has posted some details on the new retirement savings bond program proposed by President Barak Obama in his State Of The Union address. Highlights follow…
Industry experts say the time has come for financial advisors to prepare for a wave of change about to hit the insurance and retirement distribution channel as tens of thousands of advisors prepare for retirement over the next few years…
Generation Y, young adults from 21 to 36 years old, turn to their spouses, parents and friends first for financial advice, and these young adults put a premium on saving instead of investing, according to a new report…
In his State of the Union address last night, President Barack Obama proposed creation of a MyRA, a new savings bond for working Americans to use to start their own retirement savings…
The darlings of the up-and-coming annuity crowd, deferred income annuities (DIAs) are deferred immediate annuities that let the policyowner defer their retirement income start date for several years, even for 10, 20 or more years…
It has often been said that the way to a woman’s heart is through her children. For financial advisors, the way to the heart of the Hispanic market lies through women, the household’s de facto gatekeepers…
LPL Financial, a large independent broker/dealer and custodian for registered investment advisors (RIAs) has improved its widely used app, making it easier for advisors to communicate with clients and stay abreast of market events, the company said…
Behind the glittering facades of life insurance companies ensconced in corporate offices lies a wickedly competitive industry, with carriers jockeying for media attention in a way that might even make a grizzled Hollywood press agent proud…
John Hancock Investments has announced the launch of two new mutual funds which the company said target “lower-volatility equity strategies” to provide investors with a return that is acceptable given the amount of risk…
Here’s a sobering fact for the future of financial advisors: the average age of all financial advisors is 50.9 years…
The more consistent and patient advisors are when dealing with Latino clients, the more likely they will find success in a market that is ready for advice, according to experts and a new survey of Latino buying trends…
Looking to make its whole life policies more flexible and attractive to consumers, New York Life announced it has introduced a level premium chronic care rider to newly issued standard and custom whole life insurance policies…
Message to financial advisors: Many millionaires of tomorrow just aren’t that into you – for the time being…
Veteran sales executive of life insurance and annuities products Liza Tyler has been appointed senior vice president, annuity distribution, for AIG Financial Distributors…
Many financial advisors hunger to serve the mass affluent. A 2013 survey of where the nation’s millionaires are located yields clues to where the mass affluent live…
The virtual conference world is beginning to turn up as an option for financial advisors serving the specialty segments of the life insurance industry. This is courtesy of faster Internet connections and higher bandwidth streaming into homes…
“One-size-fits-all is no longer sustainable in terms of financial education and benefits communication,” according to Liz Davidson, chief executive officer of Financial Finesse of El Segundo, Calif. …
