Monthly Focus

As agents and advisors look for ways to increase long-term-care insurance (LTCI) sales, they are discovering that dispelling common myths about LTCI usually goes a long way in helping to make a connection and attract new buyers.

Just because a couple has a prenuptial agreement or keeps separate assets doesn’t mean that the couple doesn’t want to plan together. Kaylin Dillon works with couples who have prenups or maintain separate assets and helps them to work toward a joint financial future.

With a large percentage of couples identifying as child-free, there’s an opportunity to provide advice for their unique needs.

Katie Kimball said one of the most satisfying aspects of her practice is working with couples as they begin to build their lives together.

“There’s nothing more powerful than a couple who can work as a team,” said an advisor who helps preretirees plan for the future.

Life can get busy – especially for dual-income couples. So often, the busy-ness of daily life means that people live their financial lives by default.

Navigating the legality of relationships is already an exhausting process for most queer folks, and the impact on their finances is no exception.

While market volatility, compliance pressures and a competitive landscape have created a challenging environment for financial advisors seeking new clients, a defined marketing strategy can lead to greater success, according to a recent Broadridge Financial Solutions survey.

Other challenges the health insurance industry must address include an unprecedented workforce shortage in health care, an unprecedented demand for mental health care and increased rates of substance abuse.

The Conference Board survey also found that most executives don’t think stronger economic growth will return anytime soon.

Leading analysts at Morgan Stanley and Goldman Sachs are saying that the market is not pricing in how bad things will get for companies this year, while a recent survey showed investors are trending neither bullish not bearish but neutral.

Driving productivity and understanding catastrophic risk are two areas in which greater adoption of artificial intelligence can be expected in the coming year.

Indexed universal life is expected to have had a record year in 2022 when the fourth quarter is tallied. But new regulatory guidance this year might disrupt the streak.

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.

With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming.

Federal Reserve officials predicted they’ll need to raise interest rates more than they had planned in 2023 to bring down inflation.

One in three Americans are planning to make finance-related New Year’s resolutions for 2023, according to a new WalletHub survey.

Economists say there is a 7-in-10 likelihood that the U.S. economy will sink into a recession next year, slashing demand forecasts and trimming inflation projections in the wake of massive interest-rate hikes by the Federal Reserve.

Rates will increase and some important coverages will be trimmed.