Generous withdrawal benefits for variable annuities — albeit with limits — continued their comeback in the third quarter, according to a report from Ernst & Young.
End-of-life planning seen raising awareness of issue; living will crucial
In an attempt to help advisers and plan sponsors comply with new fee disclosure rules — and get in front of looming 12(b)-1 reform — J.P. Morgan Asset Management last week introduced a share class for 401(k)s that is free of 12(b)-1 fees
After adviser notes differences between adviser and client reports, Morningstar Inc. may review the way it displays returns on variable annuity subaccounts.
Though the top three sellers of variable annuities extended their grip on the U.S. market through the first nine months of 2010, smaller-share players have become more aggressive in order to compete.
Roughly 76% of individuals under 61 who purchased long-term-care insurance during the first half of 2010 will pay less than $2,500 a year, according to a study released today by the American Association for Long-Term Care Insurance.
Morningstar Inc. may consider reviewing the way it displays information to financial advisers and their clients about returns on variable annuity subaccounts.
Morningstar Inc. may consider reviewing the way it displays information to advisers and their clients about returns on variable annuity subaccounts.
Morningstar Inc. is reviewing discrepancies in the way it reports returns on variable annuity subaccounts to advisers and their clients.
