Analysis from the LIMRA Secure Retirement Institute shows that financial professionals across all channels are increasingly offering a broad array of common products and services to better help older Americans achieve retirement security.
Recent Retirement Planning News
New study from New York Life finds Millennials, despite feeling “financially confident,” self-report a 78% shortfall in life insurance coverage; only 10% of Millennials have the coverage they say they need.
Out latest edition features a trio of agents charged or convicted of mail fraud – two for submitting false life insurance applications and another for swindling elderly investors.
Latest volume, released Monday, finds life insurance companies paid $77 billion to beneficiaries and $82 billion to owners of annuities in 2017, while maintaining status as the largest institutional investor in the U.S.
All types of advisory businesses are growing, and income growth rates exceeded double-digits across all types of practice models over the two-year period, according to just-released LIMRA-EY Experienced Financial Advisor Study.
FSOC announces rescission of Prudential’s Nonbank Financial Company Designation. Prudential joins other non-bank entities GE Capital, AIG and MetLife in shedding the label.
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
Showing workers their retirement savings as income estimates, financial professionals can help make sure workers are saving enough and confident in their ability to lead the retirement lifestyle they want.
Plenty of new customization options for education and networking await insurance and financial advisors attending the Sept. 13-16 conference in San Antonio.
More than four in five define the American Dream as financial security for themselves and their family, and more than half think this is unattainable, according to MassMutual’s new State of the American Family study.
Allianz Life and Pacific Life each introduced new features and capabilities recently, intended to help financial professionals deliver better service to clients.