In a bid to appeal to fee-based and fee-only financial advisers, life insurers are resurrecting a once-forgotten product intended to generate a steady stream of retirement income outside the VA arena.
But reports of a possible Chinese suitor heat up the floundering firm's share price
Out-of-pocket costs on drugs and medical insurance are the second-most-costly item for older folks.
For nearly two decades, financial advisers have operated under the assumption that retired clients can withdraw a maximum of 4% of their nest egg each year. Now, the thinking is changing. <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20120112&Category=FREE&ArtNo=112009999&Ref=PH>10 worst states for retirement &raquo</a>
Pair of brokers in Lone Star state suspended for selling bogus promissory notes from now-defunct National Life Settlements; 'We were fooled'
North Star's Farrell offers formula for finding best bets among dividend-paying shares
Under pressure from a challenging economic environment, John Hancock Life Insurance Co. has pulled back on its annuity distribution and expects to withdraw an array of fixed, variable and immediate annuities
