Aging baby boomers represent a historic opportunity to boost the sales of income-generating investment products, according to industry leaders who kicked off the Insured Retirement Institute conference in Boston last Monday
Bob Reynolds, chief executive of Putnam Investments, last week called for the establishment of a regulatory body to approve lifetime-income products
If you're recommending long-term-care insurance to clients as a way for them to protect assets and to care for themselves when they're old and sick, you're probably doing it incorrectly.
Escalating medical expenses and Medicare cutbacks will strain retiree budgets
The Treasury's Federal Insurance Office yesterday announced that it's looking for public comments — with a special focus on systemic risk — as part of a report on modernizing insurance regulations.
Two Houston men have been sentenced to spend more than 45 years in prison for their role in a massive life settlements fraud scheme.
NAIC's summer meeting in Philadelphia washed out by Hurricane Irene; decision on disclosure model to come later this month
The state of Iowa finally issued it's long-awaited guidance on what insurance agents and securities brokers can — and can't —do when working with clients
Fine issued by Illinois securities cops over sale of fixed annuities raises questions of jurisdiction; others say no conflict exists
In a move that could affect the sales of securities and insurance in the state, Iowa's insurance regulator this week is expected to issue guidance on how far insurance agents and brokers can go in advising clients on the suitable sources of funds for insurance products
Annuity exam overload, including extra training, could prompt some advisers to limit customer choice.
Push for larger reserves could push some insurers right out of the business; vendors fighting back
Birnbaum the sole consumer advocate on newly formed panel; 'really going to stand out'
Regulator filing details second benefits cut since May launch
Citing costs, government pulls plug on controversial long-term-care insurance plan; 'we're right where we have been operating'
Long time come, but agents finally form guild to have leverage over corporate office decisions
MetLife Inc. will take a charge of up to $135 million for unpaid death benefits based on Social Security Administration records.
