Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Why robbing a bank won’t make you rich (Fiscal Times)
By Staff WriterThree economics professors from the U.K. concluded, The return on an average bank robbery is, frankly, rubbish.
June 12, 2012
The Money TabooOur current market condition has proven that millions of people around the world have failed to learn good spending and saving habits.
June 12, 2012
Higher 401(k) Deferral Rates Create Engaged Participants, New York Life FindsAccording to the company, this counters the auto-enrollment myth that higher auto-deferral rates result in participants opting out of plans in larger numbers.
June 12, 2012
MDRT Leaders Flag Government Regulations as Top ConcernTo an extraordinary degree this year, one issue beyond the control of attendees will be of particular concern: the growing regulatory restrictions imposed by governments worldwide on advisors' businesses.
June 12, 2012
Family net worth drops to level of early '90s, Fed says (New York Times)A family with a net worth of $126,400 in 2007 was worth $77,300 in 2010.
June 12, 2012
How the SEC could pursue a case against JPMorgan (Reuters)Experts say the best chance to bring an enforcement action will center on whether the bank should have disclosed sooner that it switched to a new risk model. But that, the experts say, could be difficult to prove.
June 12, 2012
Wealth transfer? Boomers banking on a mirage (TIME)Thanks to health care advances, the elderly are living longer these days, which necessitates the money that may have been earmarked for inheritance.
June 12, 2012
New York Life Foundation Looks OutwardThe New York Life Foundation, the charitable arm of The New York Life Insurance Company (NY Life), announced a $238,000 grant to be given to Outward Bound and used in support of Heroic Journey, a program tailored to grieving teens.