Affluent clients are confident about retirement plans, but not medical expenses
Massachusetts securities czar says insurer's failure to make pension payments enabled it to lower reserves
If the rate of return on the policy exceeds the loan's interest rate over the life of the contract, the client comes out ahead. But beware the risks.
James Hocker took money from 25 mostly elderly, unsophisticated investors.
Lisa Marie Schurhammer said to have engaged in phony annuity and gold sales.
Lawsuit claims insurers 'betrayed' thousands of pension plan participants and beneficiaries.
Says viewing health costs as a staggering lump sum impedes action and planning.
Association health plans would lack some of the protections required under Obamacare.
A handful of fatal accidents involving autonomous vehicles suggest car insurance will evolve, rather than go away.
Industry coalition seeks to educate the public and advisers about the value of annuities.
Rising interest rates primarily responsible for estimated 50% spike in sales of fixed-rate deferred annuities through 2019, says insurance industry group Limra.
New depletion date is blamed on lower payroll taxes, less revenue from taxing Social Security benefits and higher-than-expected spending.
It's time for advisers to make uncomfortable topics mainstream.
Tax-free status reflects fact that investments are held in an insurance vehicle
Transactions pose inherent risks to policyholders, such as the buyer having a weak credit rating or increasing contract fees.
Variable annuity sales were down again, however.
Move will affect 54,000 policyholders with older policies.
This is both good and bad news for advisers — clients may be declined coverage more often, but those with policies may see fewer rate hikes.
Iowa insurance regulator asserts the current rule is protecting investors and worries that the SEC is defining 'best interest' differently than what it means under state law.
The pension risk transfer is the biggest since 2012, when Verizon purchased a $7.5 billion annuity
