In a bid to appeal to fee-based and fee-only financial advisers, life insurers are resurrecting a once-forgotten product intended to generate a steady stream of retirement income outside the VA arena.
But reports of a possible Chinese suitor heat up the floundering firm's share price
Out-of-pocket costs on drugs and medical insurance are the second-most-costly item for older folks.
For nearly two decades, financial advisers have operated under the assumption that retired clients can withdraw a maximum of 4% of their nest egg each year. Now, the thinking is changing. <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20120112&Category=FREE&ArtNo=112009999&Ref=PH>10 worst states for retirement &raquo</a>
Pair of brokers in Lone Star state suspended for selling bogus promissory notes from now-defunct National Life Settlements; 'We were fooled'
North Star's Farrell offers formula for finding best bets among dividend-paying shares
Under pressure from a challenging economic environment, John Hancock Life Insurance Co. has pulled back on its annuity distribution and expects to withdraw an array of fixed, variable and immediate annuities
It is that time again
