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MetLife, Brighthouse sued for $500 million over missing pensioners
Lawsuit claims insurers 'betrayed' thousands of pension plan participants and beneficiaries.
Vanguard research reframes retiree health care as annual expense
Says viewing health costs as a staggering lump sum impedes action and planning.
Trump administration will let small businesses offer cheaper health plans
Association health plans would lack some of the protections required under Obamacare.
Driverless cars may cut traffic jams, but not insurance premiums
A handful of fatal accidents involving autonomous vehicles suggest car insurance will evolve, rather than go away.
Guaranteed retirement income campaign launched
Industry coalition seeks to educate the public and advisers about the value of annuities.
Fixed annuity sales set for massive spike
Rising interest rates primarily responsible for estimated 50% spike in sales of fixed-rate deferred annuities through 2019, says insurance industry group Limra.
Medicare trust fund will be exhausted in 2026, three years earlier than expected
New depletion date is blamed on lower payroll taxes, less revenue from taxing Social Security benefits and higher-than-expected spending.
Death and taxes: A conversation we must have
It's time for advisers to make uncomfortable topics mainstream.
Blackstone woos wealthy with tax-free hedge fund
Tax-free status reflects fact that investments are held in an insurance vehicle
Insurers are selling off old annuity business — what advisers need to know
Transactions pose inherent risks to policyholders, such as the buyer having a weak credit rating or increasing contract fees.
Indexed annuity sales rise in Q1 as DOL fiduciary rule stalls
Variable annuity sales were down again, however.
Mass Mutual to hike some LTC premiums by 77%
Move will affect 54,000 policyholders with older policies.
Insurers becoming more stringent with long-term-care 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 cautions SEC about modifying suitability rule
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.
FedEx shifts pension obligations by purchasing $6 billion group annuity
The pension risk transfer is the biggest since 2012, when Verizon purchased a $7.5 billion annuity
Finra fines Fifth Third Securities $4 million for variable-annuity violations
In second major VA enforcement action against Fifth Third, firm also must pay $2 million in restitution.
Four challenges in using annuities for retirement planning — and how to overcome them
Annuities are confusing, and retirement savers worry about market volatility and want the freedom to spend their savings as they choose.
Recent rule changes to boost retiree health costs
New analysis quantifies the effect on Medicare premiums and Social Security benefits.
Job satisfaction tied to benefits satisfaction, survey finds
EBRI says almost two-thirds of employees who are happy with their benefits have high morale.
Indexed annuities likely to rebound after dip in sales last year
An increase in market volatility, higher interest rates and dissipating anxiety around the Labor Department's fiduciary rule are improving the product outlook.