Risk modeler estimates up to $90 billion in losses
A dramatic shift in the market share of IRA-sold versus non-qualified variable annuities is starting to play out.
A newly retired couple would need $275,000 for medical care throughout retirement, according to Fidelity.
Advisers need to provide investors with clear, useful information on annuities in order to dispel inaccurate perceptions.
From its origins with Lutherans, the world's largest fraternal organization now aims to serve 'middle America.'
According to the lawsuit, agents being recruited away have been encouraged to create contact lists and download data on flash drives to later solicit clients.
The company may seek to exit its John Hancock unit in the U.S.
Indexed annuity distribution would have been upended in January, but a delay preserves the status quo.
The approach leverages relationships with property and casualty insurance brokers.
Incorporating health-care costs into retirement plans can boost an adviser's value.
As the comment-letter deadline for the Labor Department's fiduciary rule hits, industry organizations warn of orphaned accounts.
Consumer groups and American Council of Life Insurers square off over how stringent the investment advice standard should be.
Brokers implied government affiliation or approval, says enforcement action
Many doctors find a serious gap between the benefits of traditional disability and the replacement of their true income.
Principal has communicated that independent agents must change their business models to keep receiving compensation.
HBW Securities in Simi Valley, California, takes 55 reps to Cetera
Persistently low interest rates have hammered insurance company profitability.
Though the House version would repeal the 3.8 percent tax on net investment income and 0.9 percent Medicare surtax, the Senate is trying to win over moderate holdouts.
Advisers preparing new financial plans are flying blind when it comes to clients' health-care needs.
