Financial advisors are paid to plan a family’s long-term future, but when couples disagree about their plans – for example, what to leave to or withhold from heirs, how to divide assets in a marital split — what then?…
By Cyril Tuohy InsuranceNewsNet The combination annuity and long-term care policy that has been mentioned as part of the solution…
Amy Florian was having dinner one evening at the home of a financial advisor. During the course of conversation, the advisor mentioned that he didn’t always know what to say to clients who had just suffered the loss of a loved one…
A new survey by the U.S. tax and consulting company McGladrey finds there’s still plenty of growth potential for advisors serving the retirement plan market, particularly around clarifying retirement plan costs…
Longer lifespans and complicated relationships contribute to your clients’ reluctance to talk about finances with family members…
States should develop and adopt “uniform and robust” transparency standards for liabilities insurance companies reinsure through their captives, as well as the assets used to back those very same captives, the Federal Insurance Office (FIO) said…
A look-see into the future direction of the voluntary market reveals that financial advisors and brokers had best prepare to become facilitators and consultants as more voluntary benefits products are sold through the exchanges…
ING U.S., on the eve of a major rebranding effort to Voya Financial, has announced that its retirement solutions business has renewed its 401(k) and 457 retirement plan contracts with the state of Michigan…
One of the challenges that agents and advisors face when presenting income annuities to clients is how to help customers understand what factors impact retirement income outcomes…
In case the industry hadn’t noticed, there’s a big change afoot among workers in terms of what they want to know about their investments…
If there is one gift employees and employers say they want this year, it’s better understanding of the Affordable Care Act (ACA). It’s a gift they are likely to get, but not this year…
Harbinger Group has made still another foray into the annuity business. The publicly held company’s latest deal is an annuity reinsurance treaty closed with Bankers Life…
Members of Generation Y have fewer assets than those who belong to Generation X and the baby boom generation, but Gen Y is more likely to heed advisors and alter their savings habits…
States considering the implementation of principle-based reserving (PBR) should exercise “substantial caution,” as few regulators are likely to have the technical expertise to be able to evaluate the internal capital models used by insurers, the Federal Insurance Office (FIO) said…
Fixed-rate market value adjusted (MVA) annuities made a big splash in third quarter, with sales jumping 88.1 percent over the previous quarter and 131.5 percent over third quarter last year…
Financial advisors and insurance carriers operating in the defined contribution (DC) retirement plan market should anticipate tougher competition and more pricing pressure as giant mutual funds move “down market” and offer their services to small and midsize companies, the traditional clientele of insurers…
Financial analysts at Keefe, Bruyette & Woods project estimated median operating revenue growth for a group of 14 life carriers at 2.9 percent for 2014 due to stock market performance, rising interest rates, and higher sales of fixed annuities and basic life insurance…
November’s improved employment numbers should be a pick-me-up for advisors, at least for those who believe they have skin in the game where job growth is concerned…
In an early indication of how one of the nation’s largest life insurers plans to accelerate sales growth in the voluntary benefits space, MetLife said that it will sell voluntary and worksite products on 10 private health care exchanges next year…
