From barely registering to an integral component
Existing products don't fit within the broad regulatory guidelines governing a lifetime income option that contains a deferred annuity offered within a target date fund.
As you are doing your year-end planning with clients, ask them if their Medicare coverage is in place for 2015.
Industry colleagues, from Hank Greenberg to Don Marron, recall the former MetLife, AIG CEO, who passed away at 70 Friday after a battle with cancer.
Indexed annuities continue to be popular, and Jackson National continues to dominate VA sales.
On Friday's <i>Breakfast with Benjamin</i>, average compensation at hedge funds remains gaudy, even with performance down. Plus: Smart beta takes another step out of the shadows, the right way to clean up your portfolio, and the new Congress sets the tone by taking an early swipe at Obamacare.
Incoming Senate finance chairman Orrin Hatch says retirement vehicles are the 'greatest wealth creator' for the middle class, and shouldn't be part of tax reform.
Today's <i>Breakfast with Benjamin</i> features a look at how Bill Gross' own money is pumping up his new Janus fund. Plus: The Fed ponders and ponders some more, the surging dollar is poised for a pullback, another Obamacare surprise for tax-filers, and how grandchildren can derail retirement plans.
This tax filing season is going to be a little more complicated for freelancers and independent contractors who get health care subsidies.
Bill would help insurance agents more efficiently get licensed to practice in multiple states.
New Treasury Dept. guidance pushes insurers to innovate while indexed annuities expected to continue to shine. Darla Mercado reports.
The budget increase the SEC received from Congress is “insufficient” to significantly boost investment-adviser examinations, according to an SEC official charged with representing retail investors.
Expect more due diligence on funds and fees, and expect to do it more frequently.
Will 2015 finally be the year when plan sponsors welcome these insurance products with open arms?
The last <i>Breakfast with Benjamin</i> menu of the year features: A cautionary tale on chasing performance; why active management is not dead yet; cheap oil claims its first energy-sector victim; and a reminder that annuities are not investments.
Sales of the products may be cannibalizing those of variable annuities.
In a two-part tradeoff, John Hancock will acquire New York Life's Retirement Plan Services business, and New York Life will take on a block of John Hancock's life insurance business. One deals bolsters John Hancock's retirement reach and the other the other New York Life's insurance reserves.
<b>Game Changers: Dealing with Dementia</b> Cognitive decline doesn't just rob the elderly of their mental capacity. Advisers and their firms often are left adrift, forced to make crucial decisions affecting the financial affairs of elderly clients.
IRS will auction an annuity that was part of a contract Darryl Strawberry signed with the Mets nearly 30 years ago.
Though new board has wide support among state regulators, GOP senator cries foul over infringement of states' rights.
