DOL Fiduciary Rule Will Cost Firms $3.9 Billion: FSI Study
Projected startup costs range from $1.1 million to $16.3 million per firm, according to a study by FSI and Oxford Economics.
Democratic Senator Criticizes DOL Fiduciary Rule as Hearings Near
Sen. Claire McCaskill of Missouri says she's worried about access to advice for small investors; Washington Analysis gives its prognosis for the rule.
Avoid an Income-Based Chain Reaction to Reduced Social Security Benefits
A reduction in Social Security checks can cause major planning issues for retired clients, so watch out for Medicare’s two-year lookback.
Longevity Annuities: Their Time Has Come
New rules open a landscape of possibilities for retirees to draw income in their 80s and beyond, Michael Finke writes.
9 Reasons Why Alan Greenspan Is Wrong About Everything
Former Federal Reserve Chairman Alan Greenspan recently laid out nine reasons the economy stinks. Here’s why he’s wrong, according to New York Life’s John Kim.
How to Frame Annuities More Attractively
New research points to ways of increasing annuities' appeal.
Why Retirement Planning Is Not for the Passive
With so many uncertainties regarding Social Security, annuities and the “4% Retirement Rule,” an active approach to planning is vital.
3 Logical Insights Into the Notion of ‘Guaranteed’ Annuities
As long as a broker can indirectly use the word “guaranteed” with potential investors, products will get sold. But what does it really mean?
Exploring the New Generation of Term Life Insurance
Term life insurance is finally being brought up to speed, with carriers jumping to differentiate their products in a crowded market.
Valerie Brown: The 2013 IA 25 Extended Profile
The CEO and president of Cetera Financial Group said she grew up with a love for numbers and math. Her background in chemical engineering, which she called a “perfect fit” for the financial services industry, didn’t hurt, either.