Unintended consequence of applying fiduciary standard could whack self-directed retirement accounts; DOL went 'a little bit too far'
Selling into a depressed market is not the brightest move ever, but that's what many clients are doing by cashing out their muni bond funds. The better play? Stay patient -- and buy individual bonds
Survey shows few pre-pensioners have set aside money for LTC or even raise the topic with advisers or loved ones
Truth-in-labeling law comes to medical insurance biz; 'plain English'
Combination life and long-term care polices are gaining serious traction in the marketplace. One for-instance: Sales for Lincoln National's MoneyGuard are up 62 percent over the past year.
As Congress attempts to trim the nation's deficit, advisers and their clients should brace for a less generous tax code in 2013, said James Delaplane (pictured), at the <i>InvestmentNews</i> Retirement Income Summit.
The president is putting his money where his mouth is on his IRS Form 1040, maxing out education and retirement savings, and reporting healthy charitable donations, according to an expert who reviewed the tax returns the country's chief executive made public after paying his family's annual bill
Unlike its life insurance counterpart, STATs also have the assumed liability of the broker-dealer writing such business
Trade associations representing the life insurance industry and agents today applauded New York's passage of life settlement legislation.
Small-town resident has raked in $21M in four separate jackpots. Mathematicians put the odds of this happening at 18,000,000,000,000,000,000,000,000 to 1. That's a lot of zeros.
Here, you'll find the top ten SMAs across six different categories, with data provided to InvestmentNews exclusively by Prima Capital.
The average 401(k) retirement plan balance has reached the highest level since Fidelity Investments began tracking account values in 1998
A Massachusetts federal court judge has quashed a motion by Prudential Insurance Co. of America to dismiss a lawsuit alleging that the insurer had wrongfully held on to veterans' death benefits instead of paying them out in a lump sum
Wells Fargo dramatically rejiggered its regional management set-up — with five execs losing their positions. According to a bank spokesman, the move is intended to help Wells 'realize the efficiencies of the merger with Wachovia.' One of those efficiencies: Cross-selling to Wachovia clients.
The Fed Reserve's quantitative easing is finally about to end. S&P analyst Michael Souers says this could be a real a boost for Treasuries with less lengthy maturities. Retirees, take note.
They suddenly begin focusing on retirement income, says adviser at the InvestmentNews Retirement Income summit
President lambasts Republican resistance to raising rates on the wealthy
Midsize variable annuity writers such as John Hancock Life Insurance Co., Lincoln National Corp. and Transamerica Life Insurance Co. are expected to give the biggest sellers a run in the race for market share this year
About half of the assets in our variable annuity portfolios are in passive funds, which are easier to hedge
