The Federal Reserve has left interest rates unchanged, said it would be patient with rate increases and shown willingness to adjust plans for reducing the size of its bond portfolio. The news boosted equity markets and triggered declines in Treasury yields and the US dollar. Yahoo/Bloomberg
Under several scenarios, computer modeling shows that retirees can increase their income by 10% or more by using a strategy that combines annuities with life insurance, according to Barnum Financial Group’s Matthew Teel. He notes that what makes the strategy especially attractive is “the psychological benefit of knowing that short-term…
The Federal Reserve is widely expected to announce that interest rates will remain unchanged after its two-day meeting concludes today. The news conference with Fed Chairman Jerome Powell will be keenly watched for indications regarding the future direction of rates and the Fed’s efforts to reduce its balance sheet. The…
For risk-averse investors who still want to profit in a volatile market, financial industry veteran Craig Hawley suggests considering fixed annuities, fixed-indexed annuities or variable annuities with principal protection. He also notes that working with an advisor can help investors keep emotions in check during volatile market bouts. U.S. News…
Industry experts April Rudin and Will Trout each present five beliefs they say are prevalent in the wealth-management industry but simply aren’t true. Among them are that an advisor’s job is to educate clients and that most clients want to see their advisor in person. WealthManagement
Longevity risk makes retirement-income planning much more difficult for advisors, writes Jamie Hopkins of Carson Wealth. However, he argues that retirement-income planning “has gone from a niche area of planning to an essential offering for many advisors.” Advisor News
Main office
BROOKLYN OFFICE
Copyright © 2023 BrokersCentral. All Rights Reserved.
