Investing

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Variable annuity sales up 25% from this time a year ago
RETIREMENT PLANNING NOV 26, 2018
Variable annuity sales up 25% from this time a year ago

Rising interest rates and slowing stock market drive assets to insurance products, Limra report says.

By Ryan W. Neal
NAIFA files suit against New York for mandating best-interest insurance sales
LIFE INSURANCE AND ANNUITIES NOV 26, 2018
NAIFA files suit against New York for mandating best-interest insurance sales

Interest group chapter argues the state's Department of Financial Services exceeded its authority with the rule.

By Mark Schoeff Jr.
Value and growth ETFs stage tug of war
EQUITIES NOV 26, 2018
Value and growth ETFs stage tug of war

Flows into both sectors reflects division over the outlook for the economy

By Bloomberg
Variable annuity shops eye property and casualty insurers to expand distribution
LIFE INSURANCE AND ANNUITIES NOV 26, 2018
Variable annuity shops eye property and casualty insurers to expand distribution

Jackson National and Lincoln Financial, among the largest VA providers, recently announced distribution partnerships set to kick in next year.

By Greg Iacurci
Your client has a car, a gun — and Alzheimer's
RETIREMENT PLANNING NOV 26, 2018
Your client has a car, a gun — and Alzheimer's

Are you helping clients with the four key transitions in retirement?

By Stephen Gresham
Independent Perspective: Why Reza Zamani Chose Independence
LIFE INSURANCE AND ANNUITIES NOV 26, 2018
Independent Perspective: Why Reza Zamani Chose Independence

Learn how and why one advisor decided to make the move to independence, and how his business fared.

By Gillian Albert
Medicare enrollment: Prepare or pay the price
RETIREMENT PLANNING NOV 24, 2018
Medicare enrollment: Prepare or pay the price

With rising health-care costs threatening to derail carefully constructed retirement plans, advisers should ensure clients successfully navigate the process of signing up for Medicare to avoid stiff penalties.

By Mary Beth Franklin
Countdown to Medicare and Social Security checklist
RETIREMENT PLANNING NOV 24, 2018
Countdown to Medicare and Social Security checklist

Here's what advisers should be reviewing with their clients each year between ages 62 and 70.

By Mary Beth Franklin
Advisers must step up guidance on Medicare, as flubs are costly
RETIREMENT PLANNING NOV 24, 2018
Advisers must step up guidance on Medicare, as flubs are costly

Some clients may not even realize they're supposed to enroll.

By crain-api
Hedge fund investors lose key tax break
RETIREMENT PLANNING NOV 21, 2018
Hedge fund investors lose key tax break

Inability to deduct management fees will make the funds, which are struggling this year, even less attractive to investors.

By Bloomberg
Medicare high-income surcharges to increase in 2019
RETIREMENT PLANNING NOV 21, 2018
Medicare high-income surcharges to increase in 2019

New top tier added for ultra-high-income retirees next year.

By Mary Beth Franklin
Waddell & Reed settles 401(k) lawsuit for $4.9 million
RETIREMENT PLANNING NOV 21, 2018
Waddell & Reed settles 401(k) lawsuit for $4.9 million

The active fund manager is one of several investment firms to settle self-dealing lawsuits in the last few years.

By Greg Iacurci
S&P 500 valuation floor is as wobbly as 2019 earnings estimates
EQUITIES NOV 21, 2018
S&P 500 valuation floor is as wobbly as 2019 earnings estimates

Stocks look cheap after their losses this fall, but if earnings deteriorate, they could fall more.

By Bloomberg
Cetera broker-dealers latest to file legal claim against Ohio National
LIFE INSURANCE AND ANNUITIES NOV 21, 2018
Cetera broker-dealers latest to file legal claim against Ohio National

Six Cetera broker-dealers allege the insurer will be breaching its contractual obligations by withholding millions of dollars in trail commissions from their brokers.

By Greg Iacurci
Finra fines H. Beck $400,000 for unsuitable sale of variable annuities
INDEPENDENT BROKER DEALERS NOV 21, 2018
Finra fines H. Beck $400,000 for unsuitable sale of variable annuities

Finra said the firm failed to mandate and enforce its own written supervisory procedures, resulting in the unsuitable sale of L-share variable annuities tied to long-term riders.

By Sarah Min
Nasdaq rout reflects rising concerns that tech stocks have peaked
EQUITIES NOV 20, 2018
Nasdaq rout reflects rising concerns that tech stocks have peaked

Growth at the biggest tech companies is slowing at the same time criticism of Silicon Valley's monopolistic tendencies is rising

By Bloomberg
As credit concerns grow, short-term bond ETFs see huge inflows
MUTUAL FUNDS NOV 20, 2018
As credit concerns grow, short-term bond ETFs see huge inflows

At the same time, investors are pulling funds from high-yield bond funds.

By Bloomberg
Ohio National lays off chief distribution officer; president retires after three months on the job
INDEPENDENT BROKER DEALERS NOV 20, 2018
Ohio National lays off chief distribution officer; president retires after three months on the job

The personnel changes come weeks after the insurer's controversial decision to stop paying trail commissions on some annuities.

By Greg Iacurci
Worst day of an awful year leaves no part of market unscathed
EQUITIES NOV 20, 2018
Worst day of an awful year leaves no part of market unscathed

Stocks, oil and corporate bonds all plunged, while safe havens like Treasuries and gold stood still.

By Bloomberg
As it works to pull off a merger, FS Investments admits shortcomings
ALTERNATIVES NOV 20, 2018
As it works to pull off a merger, FS Investments admits shortcomings

Management makes public statements about weaknesses at company's funds.

By Bruce Kelly