Many Americans hope to live to 100, but are their retirement plans up to the challenge?
More than half of those surveyed want to live to 100, according to a new study, but can their retirement funds support that goal?
John Hancock and MIT AgeLab team up to study, improve longevity
What will it take to live a longer, healthier life? John Hancock has entered into a five-year collaboration with MIT’s AgeLab to find out.
Actuaries delve into Social Security trust fund deficit
A stronger economy is good news for the Social Security program but Congress must act to keep it solvent.
In-plan annuities gaining steam: Where do we go from here?
Annuities are becoming more available in the defined contribution space in association with 401(k) plans. What is the future of in-plan annuities, and have they reached a tipping point?
FACC injunction request: Freeze DOL fiduciary rule until lawsuit is heard
An industry trade group formally requested a preliminary injunction from a Texas federal court Tuesday to freeze the Department of Labor’s Retirement Security Rule.
Nationwide, Global Atlantic big movers up the LIMRA Q1 annuity sales chart
A pair of insurers, representing the old guard and the new disrupters, made impressive moves up the LIMRA annuity sales charts in the first quarter.
Market reacts positively to Nippon stake in Corebridge Financial
Market responds positively to AIG’s sale of a 20% stake in Corebridge Financial to Japan’s largest life insurer.
Retirees shifting portfolio focus from growth to new target, study finds
Retirement-aged Americans are changing their investment priorities from growth and higher returns. We talked to an expert to find out why.
How to address your client’s annuity concerns
Although annuities are experiencing record sales, financial professionals may still face objections when trying to sell them.
The retirement risks your client may not have considered
Taxes and legislation can post a greater risk to a client’s retirement than what they realize.
$15M premium financing lawsuit against bank, advisor, PacLife is settled
An Oklahoma lawsuit over a premium financing plan involving a $15 million life insurance policy has been settled.
Are financial woes keeping young high earners from actively planning for retirement?
Are concerns about student loans and a high-interest housing market keeping young high-earning Americans from retirement planning?
Does it make sense to plan to age 95?
A new report said that with 95% of Americans older than 60 having at least one chronic condition, the average actuarial life expectancy for those with chronic health conditions is significantly lower.
‘We’ll continue to fight’: Greg Lindberg attorney says bribery case isn’t over
An attorney for embattled financier Greg Lindberg hinted at an appeal two days after his client was convicted for a second time on bribery charges.
Winning the war for the highest share of consumer wallet
Exploding consumer engagement with financial services firms is requiring competitors to fight harder for their share of consumers’ wallets.
‘Cash Flow King’ says plea deal is imminent to resolve Ponzi fraud case
Matthew Motil, host of the podcast, “The Cash Flow King,” has reached a plea agreement with federal investigators to resolve a criminal investigation into an alleged $11 million Ponzi scheme, his attorneys say.
While insurers plan more ESG investment, survey finds challenges
While many insurers plan to increase their ESG investment over the next three years, there are a number of challenges, a recent study finds.
State Farm ordered to turn over some docs in lawsuit over total loss values
A federal judge ordered State Farm to turn over a portion of the documents plaintiffs requested in their class-action lawsuit over vehicle loss assessments.
Greg Lindberg faces up to 30 years in prison after guilty verdict on bribery charge
Greg Lindberg, former owner of Colorado Bankers Life Insurance Co., was found guilty of bribing the North Carolina insurance commissioner for a second time.
