The chief economic adviser at Allianz will take up the position at Cambridge in October 2020, succeeding John Eatwell.
Retiring during the longest-running bull market in history can be scary, as some begin to wonder when the good times will end.
The measure allows small employers to band together to offer plans and raises the RMD age. Another provision eases use of annuities in 401(k)s, which critics say goes too far
Market gyrations put a dent in quarterly VA sales.
At its second Innovation Symposium, the firm considered which issues will affect the future of financial advice.
John Hancock policyholders would get a discount on their premium in return for agreeing to pay a bigger portion of their claims in the future.
Some are signing off on premium increases in the 200%-300% range, one executive said.
Edward Jones is an outlier among its peers, experts say
Upstate New York couple cites five unsuitable variable annuity, life insurance transactions.
Effort off to fast start with bipartisan House support, but skeptics questions annuities provision.
Observers think Congress would need to address Social Security's funding levels and offer enhanced protections for the concept to work.
Bucketed investing gives retirees an intuitive understanding of their finances, but administering this approach can be time-consuming for advisers
Interest-rate environment, growth of buffered annuities and loss of the DOL fiduciary rule helped grow sales by $3.7 billion last year.
Healthy seniors who sign up late face possible sticker shock.
Insurance agent Erica Salda and financial adviser Wendy Foster sold the victim 25 annuities over 10 years.
'Credit Exchange' will enable advisers to offer pre-qualified loans to clients.
Broker-dealer's claim involves insurer's decision to stop paying trail commissions.
Continued market volatility and rising interest rates will push fixed annuities to new highs, Limra estimates.
LPL terminated Scott Klor in 2017 for violating firm policies.
Annual study says total estimated cost has risen more slowly in past two years.
