Advisor News – Page 5 – InsuranceNewsNet

Advisor News

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Top Stories
Topics
    • Life Insurance News
    • Annuity News
    • Health/Employee Benefits
    • Property and Casualty
    • Advisor News
    • Washington Wire
    • Regulation News
    • Sponsored Articles
    • Monthly Focus
  • INN Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
Sign in or register to be anĀ INNsider.
  • Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
  • Insider Pro
  • About
  • Advertise
  • Editorial Staff
  • Contact
  • Newsletters

Get Social

  • Facebook
  • Twitter
  • LinkedIn
Advisor News
Top Stories RSS Get our newsletter

Buying a home became a key way to build wealth. What happens if you can't afford to?

January 10, 2023

Rebecca Bush started her home search in January of 2020.. Home values increased nearly 20 percent across the U.S. between September 2020 and September 2021, according to Real Estate Witch. Then came inflation and the Federal Reserve's attempt to combat it, which pushed some interest rates on mortgages to above 7 percent.

January 9, 2023
Study looks at top reasons consumers move investment dollars.

Study looks at top reasons consumers move investment dollars

Simplifying finances, getting more involved, and consolidating for better planning, are the top three reasons U.S. consumers move their money between financial-services companies, according to a recent study.

Kiplinger's Personal: How tax rules change as you age

January 9, 2023

For 2023, you can put an extra $1,000 in your IRAs and an extra $7,500 in a 401 plan. Once you turn 55, you can put an additional $1,000 in an HSA each year. For instance, instead of wages, which are 100% taxable, at least 15% of your Social Security benefits are tax-free, and lower-income seniors won't pay any federal tax on their benefits.

Social Security benefits increase in 2023

January 9, 2023

Approximately 70 million Americans will see an 8.7% increase in their Social Security benefits and Supplemental Security Income payments in 2023. On average, Social Security benefits will increase by more than $140 per month starting in January. But if you want to know your new benefit amount sooner, you can securely obtain your Social Security COLA notice…

'Economic pain' likely in 2023, expert saysSingletary: Expert forecasts 2023 as a year of 'economic pain'

January 9, 2023

Federal Reserve Chair Jerome H. Powell was asked what was in store for the economy after yet another rate hike intended to tame inflation. "I don't think anyone knows whether we're going to have a recession or not and, if we do, whether it's going to be a deep one or not," Powell said on Dec. 14, after the Federal Open Market Committee's final meeting for 2022. "It's just not…

Inflation easing, but what pace is tolerable for consumers, investors, Federal Reserve?

January 9, 2023

This is the conundrum consumers, investors and central bankers with the Federal Reserve keep struggling with— slowing, yet still fast inflation. Then, due to lots of factors, prices didn’ t just accelerate, they blasted off about one year into the COVID-19 pandemic that started in March 2020. That was the spring and summer of 2021, as consumer inflation sped up on its…

Broker sentenced In NY ‘boiler room’ scheme that defrauded millions from elderly

January 9, 2023

Lawrence Isen, age 69, of California, was sentenced to five years behind bars in federal court in Central Islip Friday, Jan. 6. Federal prosecutors said between 2014 and 2016, Isen and others worked with a Melville- based "boiler room" to artificially inflate the price and trading volume of stock in struggling companies with poor prospects. Islen was accused of…

Bank fraud trial of former First NBC CEO Ashton Ryan begins this week

January 9, 2023

The fraud trial of former First NBC Bank CEO Ashton Ryan, Jr. is set to begin Monday in federal court in New Orleans, the culmination of a sprawling investigation by federal authorities into the local bank following its descent from post-Hurricane Katrina financial darling to the largest U.S. bank failure since the 2008 financial crisis. The trial comes more…

January 6, 2023
Economy, inflation are top of mind for financial services firms heading into 2023.

Economy, inflation are top of mind for financial services firms in 2023

The battle against inflation, a possible recession and a potentially flat year for life insurance sales are all top of mind for financial services firms providing critical insights for advisors as they help their clients navigate the challenges and opportunities that lie ahead.

Secure 2.0 Act: Student loan payments will count toward 401(K) matching contributions

January 6, 2023

Last week, President Joe Biden signed the Secure 2.0 Act into law, which not only created changes to retirement savings plans but also impacted student loan payments. For example, some companies may match 50 cents for every $1 employees contribute to their 401 s up to 6% of their salaries. So for people making $60,000 a year, 6% of their salaries is $3,600.

Will the family maximum limit my Social Security benefits?

January 6, 2023

Question: I have a question about the family maximum SS retirement benefit. As I understand it, if the breadwinner is drawing retirement benefits or is deceased, the family maximum is calculated from a formula that yields a figure between 150 percent and 188 percent of the breadwinner's primary insurance amount— his or her monthly benefit if claimed at full…

Corporations are still borrowing, despite high interest rates

January 6, 2023

Minutes from the Federal Reserve's latest meeting show that some companies actually borrowed more in October and November, even though interest rates on their bonds have been rising. "There's always a certain percentage of debt that matures in any given year that will need to be refinanced," said Winnie Cisar, global head of strategy at CreditSights.

N.Y. sues Celsius Networks crypto CEO Alex Mashinsky for defrauding ā€˜humiliated’ New Yorkers

January 6, 2023

The New York attorney general’ s office on Thursday filed suit against the ex-CEO of cryptocurrency lending platform Celsius Networks for defrauding hundreds of thousands of investors— including 26,000 New Yorkers— out of billions of dollars. Attorney General Letitia James’ case against Alex Mashinsky, filed in State Supreme Court in Manhattan, accuses him…

James Lee becomes 2023 FPA president

January 5, 2023

Lee is president of Lee Investment Management in Saratoga Springs, N.Y.

JPMorgan Chase survey: Most businesses expect recession in 2023

January 5, 2023

The majority of small and midsize U.S. business leaders anticipate a recession in 2023, according to JPMorgan Chase’ s 2023 annual Business Leaders Outlook survey released today. In total, 65% of midsize businesses and 61% of small businesses expect a recession in the year ahead. ā€œInflation has been a challenging headwind impacting businesses of all sizes,…

Your clients may both suffer and benefit from Fed's rate increases

January 5, 2023

The Fed might raise interest rates higher than some investors expected and leave them higher for longer than some anticipated. This seemed to be the message from the Federal Reserve's minutes of its meeting in December. In other words, it appears that the Fed will raise interest rates higher than some investors expected and leave them higher for longer than…

Will 2023 bring more crypto bankruptcies to weed out ā€˜the pumps and the frauds’?

January 5, 2023

Since last January, the global crypto market cap has sunk nearly 65%, falling from $2.2 trillion to $803 billion, according to CoinMarketCap. Chad Harris, chief commercial officer of Riot Blockchain, which is building a crypto mining facility in Corsicana, Texas, felt the change in industry sentiment this year, he said at a recent Texas Blockchain Summit.

January 5, 2023
Study finds Gen Z plans to retire earlier than preceding generations.

Study finds Gen Z plans to retire earlier than preceding generations

Study finds that the nation’s youngest adults are taking significant steps to improve their financial wellbeing, with the goal of retiring at age 59 – years ahead of the generations that preceded them.

January 4, 2023
The Financial Planning Association offer opportunities to advisors
Networking is a crucial skill for advisors.

4 reasons to take on an industry leadership role

It’s overwhelming to join any association because there are typically a lot of resources available to you, so you don’t know where to start.

Pagination

1 … 3 4 5 6 7 … 20
The time is 03:53:18pm test

- Presented By -

Top Read Stories

  • Investors scrambling to lock in rates propel annuity sales to record highs
  • Chicago news roundup: PPP fraud uncovered in Chicago, informant reveals $100K bounty on FBG Duck and more
  • For some, nothing to fear from taking RMDs, professor says
  • North Carolina businessman pleads guilty in multi-million tax fraud case
  • Study: Education level should drive decisions on Social Security, annuities
More Top Read Stories >

FEATURED OFFERS

Grow life insurance sales in 2023 with middle-market clients

Tap a new source for sales and referrals with Allianz Life Insurance Company of North America.

Don't Miss ICMG 2023

When the success of your business depends on making the right connections, ICMG is the place to be.

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty
  • Advisor News
  • Washington Wire
  • Regulation News
  • Sponsored Articles
  • Monthly Focus

Top Sections

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits News
  • Property and Casualty News
  • AdvisorNews
  • Washington Wire
  • Insurance Webinars

Our Company

  • About
  • Editorial Staff
  • Magazine
  • Write for INN
  • Advertise
  • Contact

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
Ā© 2023 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • AdvisorNews

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.