Retirement

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TAX NOV 28, 2010
IRS ruling likely to nix options tactic

In light of a recent IRS decision that took some by surprise, there's one options strategy we're not likely to see anymore

LIFE INSURANCE AND ANNUITIES NOV 28, 2010
Ameriprise bails on outside sales of RiverSource

Ameriprise Financial Inc. has cut off outside broker-dealers from selling its RiverSource variable annuity, limiting sales to Ameriprise registered representatives.

LIFE INSURANCE AND ANNUITIES NOV 24, 2010
Prudential hooks up with Edward Jones to launch A-share VA

Prudential Financial Inc. is teaming up with Edward D. Jones & Co. LP to create a new A-share variable annuity. The insurer expects to submit a filing for the product in the next 30 to 60 days.

Insurers' closing of VA funds rubs advisers the wrong way
LIFE INSURANCE AND ANNUITIES NOV 24, 2010
Insurers' closing of VA funds rubs advisers the wrong way

Pruning investment options limits their ability to put clients in the best funds, reps say

LIFE INSURANCE AND ANNUITIES NOV 23, 2010
3Q sales of fixed indexed annuities hit record $8.7B

A combination of equity market volatility and slumping interest rates pushed sales of fixed indexed annuities in the third quarter to a new high, according to data from LIMRA and AnnuitySpecs.com.

RIAS NOV 23, 2010
Insurers are upping VA withdrawal benefits

Generous withdrawal benefits for variable annuities — albeit with limits — continued their comeback in the third quarter, according to a report from Ernst & Young.

Carlos Slim, now worth $54B, becomes the world's wealthiest
RETIREMENT PLANNING NOV 23, 2010
Carlos Slim, now worth $54B, becomes the world's wealthiest

Mexican telecom tycoon Carlos Slim is the first man from a developing nation to become the world's richest person — a shift that underlines the loosening of America and Europe's stranglehold on the top spots in the billionaires' club.

TAX NOV 22, 2010
Strategies to use if taxes rise next year

There are multiple strategies that can be employed once we know what will happen with taxes in 2011

LIFE INSURANCE AND ANNUITIES NOV 21, 2010
Variable annuities finally outselling fixed annuities in banks

First time in three years; MassMutual's RetireEase top seller in third quarter

TAX NOV 21, 2010
A tough road to fiscal prudence

Erskine Bowles and Alan Simpson, co-chairmen of the National Commission on Fiscal Responsibility and Reform, have accomplished something politicians rarely achieve: Their plan to cut the federal government's deficit to a sustainable 2% of gross domestic product over a number of years includes something distasteful to virtually everyone.

RETIREMENT PLANNING NOV 21, 2010
New credential focuses on families with special needs children

RETIREMENT PLANNING NOV 21, 2010
A year-end checklist for IRAs

In the rush of year-end activity, it's important not to forget your IRA-related to-do list. The following are some of the most overlooked year-end items.

LIFE INSURANCE AND ANNUITIES NOV 19, 2010
Sales of fixed indexed annuities hits new high

A combination of equity market volatility and slumping interest rates pushed sales of fixed indexed annuities in the third quarter to a new high, according to data from LIMRA and AnnuitySpecs.com.

RETIREMENT PLANNING NOV 17, 2010
Target date funds back on target: Morningstar

Retirement funds have recouped losses from 2008 market crash; 2010 funds up 5% from 2007

Investors: We're done with stocks
RETIREMENT PLANNING NOV 17, 2010
Investors: We're done with stocks

Survey reveals deep mistrust of equity markets; a third of respondents fully in cash

TAX NOV 17, 2010
Advisers need to give clients a Social Security reality check: IN's Pavia

The uncertainty of the Social Security system is making retirement's three-legged stool a bit wobbly.

RIAS NOV 17, 2010
LPL star aims to build national wealth manager

Ron Carson, LPL Financial Corp.'s most prominent financial adviser, seeks to create a national wealth management franchise, joining the fray with other noted investment advisers desiring a national footprint.

RETIREMENT PLANNING NOV 17, 2010
Labor Dept. eyes reports of advisers exploiting retirees

Insurers eye new Congress' tax agenda
LIFE INSURANCE AND ANNUITIES NOV 16, 2010
Insurers eye new Congress' tax agenda

Nervously await Deficit Commission report on the inside build-up of insurance products

RETIREMENT PLANNING NOV 15, 2010
MetLife's exit from LTC a positive for carrier: Moody's

MetLife Inc.'s decision to stop writing new long-term-care insurance should be viewed as a positive event, according to Moody's Investor Services.