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Former LPL exec Bill Morrissey to head Atria’s independent channel
The private equity-backed firm operates six broker-dealers, including Cadaret Grant, NEXT Financial and Western International Securities.
In New York deal, six insurers will pay $1.8 million over annuity sales practices
Faulty comparisons led consumers to swap annuities to their disadvantage, the state charged.
Fidelity throws its weight behind longevity annuities
The Boston retirement-services giant is giving its clients a new option for planning for the costs and risk of living longer by making deferred-income annuities available for retirement plans. (See also the Top 10 annuity sellers in the second quarter.)
Hybrids an alternative to LTC rate increases
Soaring premiums on long-term-care insurance have seniors and advisers up in arms. Some believe new hybrid products may provide better protection and more flexibility.
Another insurer bows out of LTC insurance sales
Does anyone want to write long-term-care insurance policies anymore?