the outlook for linked annuity-LTCI products
By David PortThe annuity market could see a fresh wave of innovation with so-called combination or linked products, which package an annuity with an option that provides contract-holders with accelerated access to funds to cover costs related to long term care.
April 30, 2009
Is 151A gaining momentum?In a petition filed in mid-April, MetLife Inc., the North American Securities Administrators Association and AARP argued index annuities should be regulated as securities rather than insurance products, DowJones reports.
April 30, 2009
An ace (of spades) in the holeThe U.S. Senate Special Committee on Aging held a hearing yesterday, "Betting on Death in the Life Settlement Market - What's at Stake for Seniors," to determine whether or not life settlements are an appropriate investment for seniors.
April 30, 2009
How low can they go?A state of Washington advisor is going to prison for six years for embezzling $300,000 from disabled clients'retirement funds.
April 30, 2009
The shores of sunny IowaStill think self-funding is a smart strategy (see Boomer Behavior above)? Sure, if your boomer clients plan to retire to the sunny locales of Iowa...
April 30, 2009
FRC study: Mutual fund inflows will bounce backFor the next several years, mutual funds will garner annual net flows between about $130 billion and $180 billion, the low-to-mid range of where they...
April 29, 2009
NAIBD beefs up programs to meet growing interestIn response to a surge of interest in the independent advisory business, the National Association of Independent Broker/Dealers (NAIBD) says it's bolstering its independent broker/dealer...
April 29, 2009
Rolling the disability diceSeriously concerning. If boomers fall ill and can't work, they'll rely on friends and family, tap savings or use a credit card to get by,...
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