A new LIMRA study reveals that the support young advisers receive from their firms at the beginning of their careers in financial-services sales greatly contributes to their long-term success. Today's advisers face many of the same challenges as their predecessors. Finding leads, asking for referrals and developing skills to run a…
Near-retirees seeking help with their Social Security benefits are increasingly turning to financial advisers. Ed McCarthy speaks with several advisers about how they are "tapping into the need for Social Security planning." LifeHealthPro (2/17)
Choosing a deferred-income annuity with no refund of premium can more than double payouts later in life, but it also means a client can lose his or her investment by dying before the deferral period ends, write Robert Bloink and William Byrnes. LifeHealthPro (2/17)
Small and midsize advisory firms can't handle every aspect of business within their increasingly complex industry, writes Ron Carson of Carson Wealth Management Group. They should consider outsourcing tasks they're unable do well, joining an alliance or focusing on niches where they excel, he writes. CNBC (2/16)
Personal biases that emerge in times of market volatility have a powerful effect on retirement investing, writes Mike Patton. "Fear and greed, two of the strongest emotions, help explain why investors buy high and sell low, rather than the reverse," he writes. ThinkAdvisor (2/16)
People locked in divorce proceedings would be wise to retain a financial adviser quickly. An adviser "can be the difference between a workable settlement and disaster," writes planner Melissa Montgomery-Fitzsimmons. Many people fail to take this step. Money magazine (2/16)
In a competitive market, financial advisers are determined to differentiate their practices. David Port speaks with various advisers about how they set themselves apart. LifeHealthPro (2/12)
Kentucky state lawmakers have introduced a bill that would make clear the state's Unclaimed Life Insurance Benefits Act affects all policies, rather than applying only to those sold after the law's 2012 passage. Some insurers have gone to court to challenge the law, which they say doesn't apply to policies…
Members of Congress and their staffs say that repeal of the Affordable Care Act tax on high-cost health insurance plans is on track despite some challenges. "No matter who is in the White House, we will get a repeal done," said Michelle Greenhalgh, an aide to Rep. Joe Courtney, D-Conn….
Payouts for long-term-care insurance claims rose about 4% to $8.15 billion last year, the American Association for Long-Term Care Insurance says. Meanwhile, prices for long-term-care insurance were down as much as 9% in the past year, according to the group's 2016 Long-Term Care Insurance Price Index. InsuranceNewsNet online (2/15)
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