Displaying 3278 results
China Oceanwide agrees to buy Genworth for $2.7 billion in cash
A China Oceanwide investment platform will pay $5.43 per share, the companies said.
Finra bans former Prudential broker for deceptive variable annuity sales
Winston Wade Turner misrepresented facts in high-cost annuity transactions.
Stars aligning for use of annuities in 401(k) plans
Many plans don't offer annuities, and those that do see little participant uptake, but more regulatory clarity, better products and heightened interest will likely lead to greater prevalence.
Use fee compression as an opportunity to address life insurance concerns
Focus on the costs inside the life insurance policies of clients and prospects, where they need management and advisory services arguably even more so than in their investment portfolios.
Self-funding employee health care pays off for some small businesses
Estimates of saving $1,000 per employee per year for practices with at least 25 workers is enticing some firms to take on additional risk.
MetLife seeks spinoff of U.S. unit after mulling IPO
At least 80.1% of the shares in the unit, Brighthouse Financial Inc., will be distributed to MetLife investors under the plan.
Attrition fears play into broker-dealers’ hesitation to detail new commission schedules under DOL fiduciary rule
Some brokerages know what their new annuity commissions will be in response to the regulation. Why are they staying quiet? (More: The top FAQs on the DOL fiduciary rule)
Nationwide to buy Jefferson National
The acquisition will expand the firm's ability to sell financial products through Jefferson National's network of 4,000 RIAs.
Insurers cite broker-dealer annuity requirements as ‘big issue’ under DOL fiduciary rule
B-Ds and other annuity distributors are asking insurers for product specifications with an eye toward compliance with the new regulation.
Grappling with retirement health costs
Health-care costs are “the great unknown of retirement” for many advisers.
Selling annuities under the DOL fiduciary rule is a whole new ballgame
Selection process will be like a suitability standard on steroids, requiring an analysis like those done by a financial planner.
Managed payout funds a tough sell to investors
The funds are more flexible than annuities, but can't guarantee a set payment for life.
Advisers face big challenges in helping clients prepare for health-care costs in retirement
Longevity, rising costs make preparing a solid health-care budget next to impossible. (Related read: Health-care costs squeeze retirement savings)
Top 20 life insurance firms ranked by direct premiums, market share
Life insurance companies ranked by direct premiums Company 2015 total direct premiums ($M) Market share 1 MetLife $12,530.1…
Government Accountability Office pushes DOL to update 401(k) annuity rules
The Labor Department, however, offered a rebuke to the recommendations, saying they would erode consumer protections.
Too many people kept in the dark about life insurance costs
Life insurance remains the last, largest, most-neglected asset on clients' balance sheets.
The alphabet soup of Medicare enrollment periods
It's essential to be familiar with the many varieties of Medicare enrollment periods so your clients can make the best choices.
Genworth debuts new annuity for long-term-care coverage
The largest LTC insurer is offering a medically underwritten single premium immediate annuity as an alternative for older Americans.
Cognitive impairment, lower income drive higher LTC insurance lapses: Study
Advisers should take these factors into account when incorporating long-term-care insurance into a client's financial plan.
Indexed annuity sales projected to plummet 30% because of DOL fiduciary rule
Sales are estimated to fall to $40 billion next year, a level not seen since 2013. The drop would put an end to the products' nearly decade-long surge in growth.
