As health costs become top-of-mind for clients, savvy advisers will reap the benefits.
Firms are the latest targets in another class-action lawsuit alleging breach of fiduciary duty due to excessive 401(k) fees.
The non-profit organization behind the CFP designation is debuting a center to promote greater diversity in the industry and build a body of academic research.
Insurers have debuted products that allow for change in payout rate, rider fees and roll-up rates under certain conditions.
Investors continue to migrate to fixed indexed annuities and shy away more from variable annuities amid low interest rates and market volatility.
Since 2011, their sales growth has eclipsed variable annuities. What's behind their meteoric rise?
Low interest rates could cause many other insurers to follow suit.
A lack of understanding of variable annuities can lead to misperceptions among advisers of how the products function, and among clients as to what they're buying. <b><i>(Plus: <a href="http://www.investmentnews.com/gallery/20150821/FREE/821009999/PH/top-10-annuity-sellers-in-the-second-quarter" target="_blank">See the top 10 annuity sellers</a>.)</i></b>
Although delaying retirement helps financial readiness, it can't be a safety net for everyone.
A DOL official said the regulatory project around lifetime income projections has stalled due to a split in opinion.
