It's time for advisers to make uncomfortable topics mainstream.
Tax-free status reflects fact that investments are held in an insurance vehicle
Transactions pose inherent risks to policyholders, such as the buyer having a weak credit rating or increasing contract fees.
Variable annuity sales were down again, however.
Move will affect 54,000 policyholders with older policies.
This is both good and bad news for advisers — clients may be declined coverage more often, but those with policies may see fewer rate hikes.
Iowa insurance regulator asserts the current rule is protecting investors and worries that the SEC is defining 'best interest' differently than what it means under state law.
The pension risk transfer is the biggest since 2012, when Verizon purchased a $7.5 billion annuity
In second major VA enforcement action against Fifth Third, firm also must pay $2 million in restitution.
Annuities are confusing, and retirement savers worry about market volatility and want the freedom to spend their savings as they choose.
New analysis quantifies the effect on Medicare premiums and Social Security benefits.
EBRI says almost two-thirds of employees who are happy with their benefits have high morale.
An increase in market volatility, higher interest rates and dissipating anxiety around the Labor Department's fiduciary rule are improving the product outlook.
The successor to income inequality is longevity inequality
The successor to income inequality is longevity inequality.
Selecting a very conservative benchmark is generally permissible under retirement law.
Insurer had planned an offer to holders of its Accumulator Series variable annuity
AXA Equitable and Ohio National have recently tried switching consumers out of VAs with rich benefits through buyouts and exchanges.
Those who work with an adviser are most likely to buy an annuity.
Consolidation, unbundled platforms and the use of proprietary funds play a role, according to retirement plan advisers.
