A handful of fatal accidents involving autonomous vehicles suggest car insurance will evolve, rather than go away.
Industry coalition seeks to educate the public and advisers about the value of annuities.
Rising interest rates primarily responsible for estimated 50% spike in sales of fixed-rate deferred annuities through 2019, says insurance industry group Limra.
New depletion date is blamed on lower payroll taxes, less revenue from taxing Social Security benefits and higher-than-expected spending.
It's time for advisers to make uncomfortable topics mainstream.
Tax-free status reflects fact that investments are held in an insurance vehicle
Transactions pose inherent risks to policyholders, such as the buyer having a weak credit rating or increasing contract fees.
Variable annuity sales were down again, however.
Move will affect 54,000 policyholders with older 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 asserts the current rule is protecting investors and worries that the SEC is defining 'best interest' differently than what it means under state law.
The pension risk transfer is the biggest since 2012, when Verizon purchased a $7.5 billion annuity
In second major VA enforcement action against Fifth Third, firm also must pay $2 million in restitution.
Annuities are confusing, and retirement savers worry about market volatility and want the freedom to spend their savings as they choose.
New analysis quantifies the effect on Medicare premiums and Social Security benefits.
EBRI says almost two-thirds of employees who are happy with their benefits have high morale.
An increase in market volatility, higher interest rates and dissipating anxiety around the Labor Department's fiduciary rule are improving the product outlook.
The successor to income inequality is longevity inequality
The successor to income inequality is longevity inequality.
Selecting a very conservative benchmark is generally permissible under retirement law.
