Life Planning Strategies
Life planning strategies, with ideas about how to use life insurance and related products to help people and businesses get things done.
EBRI Says Half of Boomers Likely to Outlive their Savings
By John SullivanA high percentage of Americans--even in upper-income categories--are likely to run short of money after 10 or 20 years of retirement. A study by the Employee...
July 12, 2010
Aon to Acquire Benefits and 401(k) Firm Hewitt AssociatesChicago-based Aon Corp will acquire Hewitt Associates Inc., based in Lincolnshire, Illinois (NYSE:HEW), and merge Hewitt into the Aon Consulting unit in a deal with a value of about $4.9 billion, the companies said Monday, July 12.
July 12, 2010
Schwab, JPMorgan, BofA, Citigroup Kick Off Q2 2010 Earnings WeekAmid a volatile performance recently in the U.S. stock markets, banks, insurers, mutual fund companies, and third-party custodians will start reporting second-quarter 2010 earnings this week, starting with SCHW, JPM, BAC, and C.
July 08, 2010
Stimulating Thoughts On Unemployment BenefitsJust got back from "across the pond," so to speak, and witnessed some of the best of what Europe has to offer. All well and...
July 08, 2010
Jefferson National White Paper Says Variable Annuities Offer 'Tax-Efficient Frontier'A Jefferson National Life Insurance white paper on portfolio management says tax efficiency will emerge as a "significant new imperative" as taxes rise and and financial advisors can mitigate clients' risk with a new category of variable annuity.
July 06, 2010
Cerulli Global Report: Charities, Pensions Outpace Life Insurers' Demand for Alternative InvestmentsAs charity, endowment, and pension trustees become more sophisticated in their investment strategies, they demanding more from asset managers, says research firm Cerulli Associates in its July report focusing on global trends and data.
July 01, 2010
Insurance Update: A Wider Embrace of LTCThe Office of Personnel Man-agement (OPM) has announced that, as of July 1, long-term care (LTC) insurance coverage will be available for the same-sex partners...
July 01, 2010
BlackRock Creates Target Date Fund That Morphs Into a Post-Retirement AnnuityAsset management giant BlackRock has developed a 401(k) target fund that morphs into a post-retirement annuity.