Texas BD to Pay $100K Fine, Repayments to Seniors It Fleeced in Massachusetts
In one case, a senior client in the final stage of terminal cancer had almost all of her assets put in a variable annuity.
Qualified Longevity Annuity Contracts and Retirement Planning
The experts at Tax Facts discuss QLACs, a type of annuity in retirement accounts that meets certain IRS requirements.
Did Warren Overreach in Blasting Annuity Sales Perks?
Some insurance industry stakeholders say Warren errs in assuming that incentives can't be structured to ensure advisors act in clients' best interest.
Top 20 Companies for Annuity Sales: 2016
Variable annuity sales hit their lowest level since 1998, but fixed annuity sales were a relative bright spot.
Wells Fargo Card Requests Drop by Most Since Scandal Erupted
New checking accounts fall 43%, marking sixth straight decline; Mack says "it will take time" to work through reforms.
Future Retirees Could Be More Reliant on Social Security
The Center for Retirement Research finds that total wealth from retirement plans has largely been flat from 1992 to 2010.
Annuity Prospects May Prefer General Value Message
A survey team asked Americans ages 55 to 75 to rate three different guarantee descriptions.
VanEck Launches the First U.S.-Listed Green Bond ETF: Portfolio Products
In other product news, Morgan Stanley launched two sustainable investing portfolios.
How Investment-Only Annuities Can Help Clients Save on Taxes
President Laurence Greenberg of Jefferson National talks to ThinkAdvisor about the commission-free investment-only variable annuities his firm pioneered.
Wells Fargo Robo Pilot Set for Summer; Rollout for Late 2017
The service, to be called Intuitive Investor, aims to bring in new, younger clients to its wealth management unit.