Employee benefits are evolving to serve a changing workforce. The old ways of doing business no longer apply in the days of remote work and five generations in the workplace.
It’s not often you read the word “terrifying” in relation to financial matters. So, I was more than a bit surprised to see that term turn up in the 2023 Schroders U.S. Retirement Survey.
A growing number of Americans say they are concerned about long-term care options. Many of them are turning to life insurance products for LTC coverage.
Todd Taylor, head of New York Life’s retail annuities, calls retirement the most challenging “financial planning puzzle” consumers face. Understanding consumer behavior, he says, is key to solving that puzzle.
The insurance industry must embrace the transformative power of artificial intelligence while keeping a keen eye on responsible and ethical implementation.