The Hartford is reining in investment options for some variable annuities, leaving advisers scrambling to find their clients who have them. That's raising worries about the amount of work — and potential liability — they may face.
Early reports suggest that The Hartford's buyback terms for some of its legacy VAs are extremely generous. How generous? Some clients can cash out early at full value.
Not a ton of excitement but advisers intrigued by newfangled approach.
Choosing a lump sum instead of annuity a smart decision, says estate expert; setting up trust protects heirs.
New offering opens up access to insurance brokerages offering annuities, disability, long-term care.
Advisers need to break through the "cognitive dissonance" of clients.
Insurer has axed 2,500 reps in the past year.
Latest product features 4% withdrawal rates; can advisers do better on their own?
Windfall Elimination Provision trims benefits; spousal benefits can be wiped out
Plans to repay early Social Security benefits halted by recent rule change
Sufficient funds to pay full retirement benefits through 2033, then three quarters of benefits through 2087.
The Great Recession did a number on retirement savings of Generation X; early boomers, not so much.
Consumer Financial Protection Bureau worried about investment scams.
