Third of Women Haven’t Made Basic Retirement Plan
LIMRA discovered a disconnect between women’s concern about retirement risk and the steps they’ve taken to prepare, the organization announced Monday.
Estate Tax Indecision by Congress Could Mean Big Tax Liabilities
Nearly 15 million U.S. households—or 12.5%—would have a potential estate tax liability if Congress fails to act when the extension to the Bush tax cuts expires on Jan. 1.
Annuity Sales Rose for Q2, Slipped Year-on-Year: LIMRA
Annuity sales grew 4% in the second quarter, LIMRA reported on Monday, totaling $57 billion.
Young Investors More Likely to Buy Insurance From Banks
Young people are more likely to consider buying a life insurance policy through their bank than older generations, a study released Monday by LIMRA found.
Annuity Benefits Outweigh Other Products, Advisors Say
More than half of advisors who work with clients that have less than $500,000 believe annuities are an important part of those clients’ financial plans.
New Hire Roundup: Casares Joins Genworth; Stratos Adds Three
This week in new hires, Rico Casares joined Genworth Wealth Management, and Stratos Wealth Partners welcomed three advisors to two new offices.
Consumers Drastically Overestimate Life Insurance Costs
Consumers are confused about the cost of life insurance, overestimating its cost by nearly three times, a report from LIMRA and the LIFE Foundation found.
New Hire Roundup: Solomon Named to SEC; Securities America Welcomes Lindsey
This week in new hires, Matthew Solomon joined the SEC's enforcement division and John Lindsey went to Securities America.
Top 20 Companies for Annuity Sales
Although sales of annuities fell in the second half of 2011, first-half sales were so strong they propelled total sales up by 8% in 2010, to $240.3 billion, says a LIMRA report.
The Hartford Exiting Life, Annuity Business, Exploring Sale of BD Woodbury
The Hartford says it plans to concentrate on its mutual fund and property and casualty operations.