Average costs could exceed Social Security benefits in the future.
Advisers say more mega-sized defined contribution plans taking up lifetime income provides a signal to the broader retirement market.
The insurer will acquire LearnVest for an undisclosed amount, with LearnVest saying its platform will maintain its brand identity and business relationships.
Blame the temporary reduction on higher Medicare premiums.
Software is available that gives advisers a fighting chance of determining long-term care costs and the need for insurance.
First quarter regulatory filings suggest that insurers aren't ramping up big new product releases but hybrid annuites appear to be making a comeback, with Voya charging back into the market.
About 30,000 current and former annuity owners claim company failed to pay proper dividends on contracts sold 30 years ago.
Advisers with assets over $1 billion are outperforming their peers. Does your firm have what it takes to be a billion dollar baby?
This offer affects more than 30 types of variable annuity contracts issued by the insurer
Tuesday's <i>Breakfast with Benjamin</i> features an adviser sentenced to 51 months of jail time for stealing from elderly clients. Plus: Bill Gross doesn't see a rate hike till late in the year, the latest bet for oil, and a don't-miss webcast sets the stage for 2015.
Run-up of DIAs in recent years points to a new retirement income stream for clients. <b><i>(Plus: <a href="http://www.investmentnews.com/section/specialreport/20150222/ANNUITIES2015" target="_blank">Our full special report on annuity strategies</a>)</b></i>
<i>Breakfast with Benjamin:</i> When it's OK to convert to a Roth IRA. Plus: Two emerge as Buffett successors; recognizing seasoned financial veterans, and Asian stocks get a boost from Chinese bankers.
Insurance giant stung by cost of elder care, longer life spans of retirees and persistently low interest rates.
Financial advisers can help clients take early steps to plan for the progressive disease.
The insurer will be the first non-bank to argue that its failure would not pose a threat to the financial system.
<i>Breakfast with Benjamin</i>: OPEC might be rethinking their strategy of flooding the market with oil to crush the fracking industry.
As new annuities gain in popularity, broker-dealers are getting reps up to speed on using them as part of a comprehensive retirement income plan.
