Reps are none too thrilled with Jackson National's cuts to some VA features, particularly since the carrier offered only a few days' notice before the changes take effect. Said one harried adviser: "It's offensive."
Insurer originally sought $2.1 million in case involving 131 parishioners; only two defendants left
Search for guaranteed income boosts sales; rising stock market fails to lift VAs
Majority of boomers say a rise in marginal rates and FICA would crimp their ability to put money away
New survey shows few advisers are confident discussing medical costs; big price for ignoring the topic
The Social Security Administration on Tuesday announced that the cost-of-living-adjustment for 2013 will be a measly 1.7%. And as Mary Beth Franklin points out, that small increase could be gutted by hikes in Medicare premiums.
States below the Mason-Dixon line least expensive for nursing homes, assisted living
Group launches lobbying plan to protect deferrals; 'threat is nonpartisan'
Number of companies that offer medical coverage for former workers dwindling
Pru to pay $615 million in cash for 700,000 life insurance contracts
Prudential Financial Inc.'s decision to cut off contributions into a slate of older variable annuities with attractive benefits has raised the ire of financial advisers, this time because they were given so little time to add money to the contracts.
Bows out of group LTC insurance; halted sales of individual coverage in March
