Life Partners accused of misleading shareholders about mortality estimates; securities or not?
Slowly but surely, fee-based and fee-only advisers are beginning to warm up to variable annuities.
But ex-broker refutes claim, says clients performed their own due diligence
Agreement requires insurer to step up cross referencing to locate unpaid beneficiaries
In a speech delivered to a group of private investors on Feb. 15, Robert Rodriguez, managing partner and CEO of First Pacific Advisors, warned of ongoing market instability if the federal government doesn't make “credible and material fiscal reforms” by the end of 2013.
Out-of-pocket costs on drugs and medical insurance are the second-most-costly item for older folks.
Brokerage rolling out low-cost variable annuities for RIAs; direct sales to consumers the endgame
Sammons to launch new product with large investment menu; hawking the tax benefits, not the living benefits
Actress Betty White is the celebrity pitchwoman for life settlements provider The Lifeline Program and also stars in the firm's viral YouTube video, “I'm Still Hot.”
Once the dominant player in the industry, carriers seeing reps exit; consolidation puts squeeze on
Pair of brokers in Lone Star state suspended for selling bogus promissory notes from now-defunct National Life Settlements; 'We were fooled'
Robert Miller isn't a typical member of the National Association of Insurance and Financial Advisors
Indexed annuity program rewarding big Allianz sellers with exclusive products here to stay
When Mesirow Financial Inc. offered its employees free physicals a few years ago, only about a third of the 875 employees in its Chicago headquarters participated. For the most recent round of tests in early October, more than 750 people turned out.
Annuities to be slotted under the latter; retirement income boss Chris Blunt to oversee insurance
Older fixed annuities, ones that hold 3% guaranteed minimum rates, are looking pretty attractive right now
