Retirement

Displaying 11693 results
RETIREMENT PLANNING MAR 19, 2007
Financial planning shows explosive international growth

The growth of the financial planning profession overseas is in the fast lane, though there are some speed bumps, observers say.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 19, 2007
Boomer assets draw Old Mutual to VA market

A life insurer known mainly for its fixed annuities has thrown its hat into the variable annuity ring.

By Bloomberg
TAX MAR 12, 2007
Advisers working the tax system

Advisers are using creative techniques to work within the dense tax code to help their clients reduce their tax payments.

By Bloomberg
RETIREMENT PLANNING MAR 12, 2007
401(k) ideas dissected at congressional hearing

WASHINGTON — The ideas of limiting 401(k) plan options to index funds and requiring all plan administrators to be brought under fiduciary duties were in focus last week at a congressional hearing on 401(k) fees.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 06, 2007
Hancock tops in individual-life sales

John Hancock led the industry with $735 million in individual life insurance sales last year, according to a recent survey of 78 major life insurers by LIMRA International Inc.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 05, 2007
Insurers said to steer reps to in-house wares

Many insurers are providing incentives to their advisers to sell proprietary products, despite claiming to have “open architecture” platforms, according to industry observers.

By Bloomberg
RETIREMENT PLANNING MAR 05, 2007
Some consider 401(k) fees too low

With a House panel scheduled to hold a hearing Tuesday to discuss whether the hidden fees in 401(k) plans are fair, at least one industry watcher is calling such fees too low and another says making general judgments about them is difficult.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 05, 2007
Innovative policy targets wealthy clients

NEW YORK — Advisers with clients who need life insurance for tax minimization and wealth transfer may want to consider a new policy geared to that market.

By Bloomberg
RETIREMENT PLANNING MAR 05, 2007
More investors are doing good in retirement

CHICAGO — Socially conscious and faith-based investing is gaining traction in the retirement plan arena.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 26, 2007
Class action litigation looms as new hurdle for EIA insurers

Add class action litigation to the regulatory controversies, bad press and other woes plaguing insurers that sell equity index annuities.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 26, 2007
Lifetime-guarantee annuities could end up biting insurers

Industry leaders are concerned that insurance companies are taking on too much risk from annuities that offer guaranteed-withdrawal benefits for the life of the client. Financial services leaders worry that if baby boomers live longer than projected or a downturn hits the market, the financial strength of insurance companies could be threatened.

By Bloomberg
TAX FEB 26, 2007
IRS turns up the heat on stock collar transactions

IRVINE, Calif. — The Internal Revenue Service is threatening to bring more cases against wealthy investors who have used a popular technique to hedge concentrated stock holdings.

By Bloomberg
TAX FEB 26, 2007
Start maximizing clients’ IRA contributions

Two tax laws scheduled to take effect in the near future will combine to create new opportunities for your clients to convert their traditional individual retirement accounts and company plan balances to Roth IRAs.

By Bloomberg
TAX FEB 26, 2007
Mounties claim they got their income trust man

OTTAWA — The Mounties say they have gotten their man in the insider scandal involving income trusts, but some observers doubt that he is the only person involved.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 19, 2007
Investment choices in HSAs expanding

When banks and brokers first started offering health savings accounts, clients could choose any investment they wanted for their account funds — as long as it was a certificate of deposit.

By Bloomberg
TAX FEB 19, 2007
Brokerages slow to reveal sales pact details

Although many brokerage firms are letting investors in on whether they have “shelf space” agreements with certain mutual fund companies, few are disclosing the details of those agreements.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 19, 2007
MetLife accused of coercing advisers to sell its products

NEW YORK — A securities law firm is seeking class action status for clients who may have been financially damaged by an insurer’s threats and commission incentives designed to skew adviser judgment in favor of proprietary products.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 19, 2007
John Hancock ups the ante in cash value guarantees

NEW YORK — John Hancock Life Insurance Co. of Boston this month introduced a policy that guarantees cash values to a greater extent than other types of whole life insurance.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 12, 2007
VA industry unveiling electronic processing

A trade group for the variable annuity industry today announced a technology initiative intended to save time and money for VA distributors through streamlining and standardization.

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 05, 2007
Lawmaker changes horses on income stream comments

A congressman who raised eyebrows last month when he seemed to imply that annuities are the answer to the need for lifetime retirement income claims he was misunderstood.

By Bloomberg