Experts generally say that retirement investors should not alter their portfolios when the markets turn turbulent. But some say that volatility offers a good opportunity for advisers to revisit risk-tolerance issues with clients. PlanAdviser.com (10/15)
Permanent life insurance can be used as a retirement tool to provide a legacy for heirs, donate to charity, pay funeral expenses and cover lost Social Security income, Tom Hegna writes. National Underwriter Life & Health
Latinos represent a fast-growing segment of the US population, but remain underserved by the life insurance industry. Agents looking to reach that market should be prepared to meet clients in their homes, avoid overdressing and not attempt to speak Spanish if they aren’t fluent, experts say. InsuranceNewsNet online (10/15)
Judi Carsrud, NAIFA’s director of government relations, joins Real Wealth Marketing’s Power Session LIVE for an update on the Department of Labor’s proposed fiduciary rule. Listen to Carsrud’s update and a Q&A session for details on the issue and how it may affect the industry and NAIFA members’ ability to…
The sale of a family business can raise the issue of how to manage newfound wealth, writes Rob Elliott of Market Street Trust. “Having reached such a high level of financial success, the initial sense might be that families can coast into the sunset. But that’s rare,” Elliott writes. WealthManagement.com…
A strong dollar is holding back expansion of the US economy, according to the Federal Reserve’s Beige Book. Manufacturing, tourism, farm exports, petroleum and petrochemicals have been hit particularly hard. Nine of 12 Fed districts say their economies are experiencing moderate or modest growth, while two are seeing a slowdown…
Mutual funds have been instrumental in providing access to alternative investments, Jennifer Woods writes. “This is a positive development, as it has allowed more investors to reap benefits previously reserved for institutions and high-net-worth investors, such as increased diversification and better risk-adjusted returns,” Woods writes. CNBC
More companies are looking to jettison long-term-care insurance, meaning the industry is likely to see more mergers and acquisitions “if things could just fall into place,” Goldman Sachs Group’s Patrick Fels says. Bloomberg
“Let’s face it, life is crazy,” Toni Harris writes. “Life throws many problems at us. When your personal life is in turmoil, so is your business life. It is nearly impossible to keep your personal life separate from your business life; however, it is possible to manage them separately. This…
Given low inflation over the past year, Social Security benefits will likely not increase next year, notes Mary Beth Franklin. However, while most people will not see an increase in Medicare Part B premiums, some could be hit with an increase of up to 52%. InvestmentNews (10/13)
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