Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
NAILBA Foundation gives, receives
By staff WriterA recognizaable entity in the insurance business has announced its grant recipients for 2006. The National Association of Independent Life Brokerage Agencies Charitable Foundation introduced its grant recipients during NAILBA's annual meeting in
April 17, 2008
Company offers income storage benefitAs retirees and those close to retirement realize that their money is going to have to last longer than ever, they are looking for products that help meet that need. The U.S. division of Sun Life Financial is doing what it can to meet the retirement
April 17, 2008
Keep clients loyalLoyalty. Advisors depend on loyal clients to keep their business strong, and clients depend on loyal advisors to make their money work for them. CEG Worldwide conducted a survey and found that there are six Cs of client loyalty. The list, written by
April 17, 2008
A question of controlWhen the discussion turned to who should have oversight of insurance products, no one wanted to see regulation of annuities turned over to FINRA and Mary Schapiro, who admitted to NAFA's Kim O'Brien that she wanted more oversight authority: "[She]
April 17, 2008
Which funds will you (or did you) tap first during retirement? Did you consider minimizing tax exposure?Rolling over retirement money into IRAs (or annuities) really helped me minimize my taxes when I first retired. Also, I was awarded some ?bonus money' (that had been pre-tax dollars), which I happily used for vacation. While I am still adjusting to
April 17, 2008
Blueprint for aging readiness releasedThe boomer population is aging, and as more of them attain retirement age, communities across the country are going to have to adapt to their older citizens' needs. To provide aid to community leaders, MetLife Foundation funded "A Blueprint for
April 17, 2008
Avoid mortgage troubleMore and more people are carrying mortgage debt into their retirement years, either through the purchase of a second home later in life or because of an adjustable rate loan that is on the rise.Advisors who work with clients on the younger end of
April 17, 2008
How did your relationship with your financial advisor come about?Donna M., 62Falmouth, Maine"I work with a guy who mostly handles my retirement accounts. When I started a 401(k) at a different company and then got a new job, I needed to roll my 401(k) money into an IRA. When I was doing that, I initially dealt