In all, around 370 advisers sold the Future Income Payments, according to plaintiff's attorneys
As they approach retirement, people are concerned about market volatility, yet aware that they still need to grow their nest eggs
Indexed annuity sales also broke their previous quarterly sales record.
Insurer hopes Envestnet's technology will help reintroduce annuities to fee-based advisers.
The cost increases, approved by regulators in the second quarter, affect roughly $160 million of in-force premiums.
If you can't guide retirees through income distribution, it could prove costly. Learn tips and strategies to help get started helping clients through this new stage in life.
Eight broker-dealers censured for supervisory laxity in monitoring VA exchanges.
The new language, which is still subject to change, explicitly states what had largely been assumed.
Workers who use tax-advantaged health savings accounts are younger, richer and more educated.
People are healthier and living longer than ever, and MIT AgeLab's Joe Coughlin says advisers are primed to take advantage.
State insurance commissioners don't include life products in their annuity suitability reform.
Consumers value designations, although opinions vary on which ones carry the most swagger.
House committee approves measures to raise contribution limits, extend eligibility.
Reducing health care costs frees up more money to be invested.
Massachusetts ordered Roger Zullo to disgorge $1.9 million in commissions.
Advisers are challenged to protect against one of the biggest risks to a retirement plan.
Insurance is no longer just a one-off in planning.
Case charges firm with 'siphoning' funds from insurance companies it owns.
The 2008 crisis left investors focused on income vehicles that provide reliable returns.
Affluent clients are confident about retirement plans, but not medical expenses
