Upstate New York couple cites five unsuitable variable annuity, life insurance transactions.
Effort off to fast start with bipartisan House support, but skeptics questions annuities provision.
Observers think Congress would need to address Social Security's funding levels and offer enhanced protections for the concept to work.
Bucketed investing gives retirees an intuitive understanding of their finances, but administering this approach can be time-consuming for advisers
Interest-rate environment, growth of buffered annuities and loss of the DOL fiduciary rule helped grow sales by $3.7 billion last year.
Healthy seniors who sign up late face possible sticker shock.
Insurance agent Erica Salda and financial adviser Wendy Foster sold the victim 25 annuities over 10 years.
'Credit Exchange' will enable advisers to offer pre-qualified loans to clients.
Broker-dealer's claim involves insurer's decision to stop paying trail commissions.
Continued market volatility and rising interest rates will push fixed annuities to new highs, Limra estimates.
LPL terminated Scott Klor in 2017 for violating firm policies.
Annual study says total estimated cost has risen more slowly in past two years.
Allianz's new indexed annuity could be a forerunner for how insurers will seek to keep assets in-house as baby boomers are forced to withdraw retirement savings.
A surge in fixed and indexed annuity sales last year helped AIG boost its annuity sales by $4.1 billion.
Firm is trying to shift its business mix, freed up $200 million in capital.
Most advisers have a tough time discussing health issues with clients — and that imperils them.
Sales broke a record last year despite rules that observers believed would slow them down.
Insurers may turn to direct-to-consumer sales only, bypassing brokers and insurance agents.
Berkley FinSecure says its anti-embezzlement policy is a first.
Life insurance organization argues automatic plans would be 'marketplace solution,' not big government.
