In response to "The fiscal cliff: Just another good old Western story," by Daniel D. Williams
I'm only disappointed that I didn't think of this terrific allegory. But tonight, with your marketing inspiration, I'm tweeting my brains out. Good call, Daniel.
-Steve Savant
In response to "Will seniors ever retire?"
An interesting and challenging real-life story. People are living so much longer than ever before; the age group 100-plus is now the fastest growing age group in America. According to Dr. Plasker in his book the "100-Year Lifestyle," there will soon be four million people in the USA age 100 or over. It is wise today to plan an exit strategy from the workplace into retirement and pursue one's passion. Congratulations to your father. This will most likely bring a new spark to his life and wellbeing beyond the monetary issue.
-Paul J. Cross/ANBC
In response to "Annuity suitability law: Coming to your state soon"
As I read Section 989J of the Dodd-Frank law, the June 16, 2013 deadline is not merely for annuity transaction suitability. That section states that the Commission [SEC] shall treat as an exempt security under Section 3(a)(8) of the 1933 act "any insurance or endowment policy or annuity contract or optional annuity contract" that isn't a variable contract and that, if issued on or after June 16, 2013, is issued by an insurer that has adopted suitability rules at least as stringent at the NAIC Suitability in Annuity Transaction Model Reg #275 of 2010 and any successor thereto. So it's NOT just annuities that are affected.
-John L. Olsen, CLU, ChFC, AEP
In response to "The most powerful form of sales in the world"
Testimonials, while they may be the "most powerful form of sales in the world" as you stated in your article, are unapproved marketing tools for those who are securities licensed. As the industry evolves and financial professionals hold both insurance and securities licenses, most will not be able to use these tools (whether on LinkedIn, their website, or in marketing collateral).
-Todd Greider
In response to "American's magic number for retirement? About $250K"
This is a ridiculously low amount for retirement in America today. Surprised to see it even published. We know of no one that can retire with confidence with $250,000 given health care, long-term care, family care and regular living above the poverty line issues.
-MJB
In response to "Fear mongering: How weak advisors sell…and lose"
Ommission is equally dishonest. You forgot to mention that the FDIC is broke and can't possibly cover all deposits. Numbers don't lie.
-Jim
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