For Tori Fontenot, the clarion call to consider long-term-care insurance for herself and her husband came as she tried to coordinate care for her elderly mother.
Investment advisers' confidence in the financial health of the insurance industry — though still underwhelming — is on the rebound, according to the <i>InvestmentNews </i>2010 Insurance Product Survey.
Move comes ahead of ramped-up government disclosure regs
Insurers, fund companies and advisers who serve small investors are likely to be big winners if the Automatic IRA Act of 2010 becomes law.
B-Ds, advisers let loose on the insurer about its attempt to entice clients to switch from one variable annuity to another. The chief complaints: the timing of the letter to clients and the features of the new VA.<br> <a href=http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20100901/FREE/100909996&plckFindCommentKey=CommentKey:f6e094fc-0f50-474b-aa13-8ce8ab8116d3#CommentKey:f6e094fc-0f50-474b-aa13-8ce8ab8116d3>Readers clash over the controversy</a>
New York Life Insurance Co. was the top seller of fixed annuities during the second quarter, with $1.74 billion in sales, according to Beacon Re-search Publications Inc.
Reports began circulating on Aug. 27 that Manulife — John Hancock Financial Services Inc.'s parent company — was gearing up to buy Lincoln National Corp.
Mark Palmer, a Charles Schwab & Co. Inc. executive, today was named national sales manager at Cetera Financial Group, the broker-dealer network owned by private-equity firm Lightyear Capital LLC.
Stock market volatility has caused some advisers to shy away from the sexiest life insurance policies — variable universal life and variable life — and to steer clients to a tamer cousin, universal life.
