There are some variables under clients' control that they can use to bring down their total Medicare costs.
In the first legal challenge to be decided, judge upholds Department of Labor regulation. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">The DOL rule, from all angles.</a>)</i></b>
The supposedly new annuity type, as opposed to an immediate fixed annuity, would lock in a higher income in the event of a strong stock market.
Some firms are rethinking a shift to fee-based compensation and instead are sticking with commission structures that will trigger the need for best interest contract exemptions.
While financial institutions are able to sell deferred-income and immediate annuities under a less onerous exemption, some are opting to sell under BICE to keep certain compensation arrangements intact.
A China Oceanwide investment platform will pay $5.43 per share, the companies said.
Winston Wade Turner misrepresented facts in high-cost annuity transactions.
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.
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.
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.
At least 80.1% of the shares in the unit, Brighthouse Financial Inc., will be distributed to MetLife investors under the plan.
Some brokerages know what their new annuity commissions will be in response to the regulation. Why are they staying quiet? <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq" target="_blank">The top FAQs on the DOL fiduciary rule</a>)</i></b>
The acquisition will expand the firm's ability to sell financial products through Jefferson National's network of 4,000 RIAs.
B-Ds and other annuity distributors are asking insurers for product specifications with an eye toward compliance with the new regulation.
Health-care costs are “the great unknown of retirement” for many advisers.
Selection process will be like a suitability standard on steroids, requiring an analysis like those done by a financial planner.
The funds are more flexible than annuities, but can't guarantee a set payment for life.
Longevity, rising costs make preparing a solid health-care budget next to impossible. <b>(Related read: <a href="//www.investmentnews.com/article/20160413/BLOG05/160419958/health-care-costs-squeeze-retirement-savings"" target=""_blank"" rel="noopener">Health-care costs squeeze retirement savings</a>)</b>
The Labor Department, however, offered a rebuke to the recommendations, saying they would erode consumer protections.
