Workers are feeling confident about being able to pay for their basic expenses in retirement. But they're far from secure as more of them say they have hardly anything in savings and investments.
A handful of distributors are seeing a rising tide of wealthy-client assets going into individual retirement accounts.
And there's a 5% chance the tab could top $570K, according to a sobering study published this week by Boston College.
By integrating annuities into financial plans, advisers can take precautions against their clients' outliving their assets, according to a retirement income planning expert.
Apparently, seniors set aren't big readers — at least when it comes to information about their investments.
Two life insurers are suing a trio of broker-dealers, accusing them of fraudulently selling to third parties variable annuities with lucrative death benefits on terminally ill individuals.
The Minnesota Commerce Department claims that the insurer sold 541 contracts worth $28 million that weren't OK'd by state
Steep rate hikes are coming for long-term-care policies written a decade ago.
