-
Financial Protection for all Stages of Life
And how life insurance can guide your clients through
by Debbie Cecil
Most Americans believe in the importance of life insurance. Yet today, 30 percent of U.S. households have no life insurance at all.1 In a 2013 LIMRA survey, many households said they have other financial priorities that preclude the purchase of life insurance, not surprising given the current economy
read more
-
IRI Issues Statement in Support of Lifetime Income Disclosure Act
Legislation Will Help Americans Understand Retirement Options
The Insured Retirement Institute (IRI) today released the following statement from IRI President and CEO Cathy Weatherford after yesterday’s introduction in the Senate of legislation known as the Lifetime Income Disclosure Act (S. 1145). The bipartisan bill would require employer-sponsored retirement plans to illustrate for participants how their retirement plan savings would translate to a lifetime income stream.
read more
-
Does Your Leadership Measure Up?
Business Expert Identifies Benefits, Pitfalls of 3 Leadership Styles
The top five leaders most admired by the world’s business executives are Winston Churchill, Steve Jobs, Mahatma Gandhi, Nelson Mandela and Jack Welch – in that order, according to the 2013 Global CEO Survey conducted by PwC.
read more
-
Playing Financial Catch-Up Differs Among The Sexes
Men still from Mars, Women from Venus
The latest research from Northwestern Mutual’s 2013 Planning & Progress Study revealed attitudinal and behavioral discrepancies between how men and women are planning for their financial futures – and why they’re falling behind on financial goals.
read more
-
Borislow Insurance Honored for Excellence in Workplace Wellness
BI Healthy Advantage Program Wins 3 Major Awards in 2013
Borislow Insurance (BI), a leading provider of benefits solutions, advisory services and corporate wellness services, announced today that the company has received 3 major awards honoring the excellence of their BI Healthy Advantage wellness program.
read more
-
John Hancock to Acquire Symetra Broker Dealer
Symetra Investment Services to Become Affiliated with John Hancock Financial Network as a Sister Broker-Dealer to Signator Investors, Inc.
John Hancock, a unit of Manulife Financial Corporation (MFC), today announced it has agreed to acquire Bellevue, Wash.-based Symetra Investment Services (SIS) from Symetra Financial Corporation (SYA). It is anticipated that the transaction will close in three to six months, subject to regulatory approvals. Terms were not disclosed.
read more
-
Individual Life Insurance Premium Improves in Every Product Line for Q1
A 7% premium spike, though policy count is off
With every major product line experiencing positive premium growth, total individual life new annualized premium grew seven percent in the first quarter of 2013, according to LIMRA’s First Quarter 2013 Individual Life Insurance Sales Survey.
read more
-
Investing in Private Equity
The erstwhile 'LBO' gets a PR facelift; A rose by any other name?
by Charles Smith
‘Private equity’ is an obtuse term that describes a limited partnership that invests in the equity of privately held companies. ‘Private’ refers to the privately held nature of the companies in which these funds invest. But it also intones that it is a ‘private’ - as in exclusive - club. And private it is. Only institutional investors, or accredited investors – those with a net worth greater than a million dollars, excluding their primary residence, or with an income of $200,000 or more – can invest in these limited partnerships. It has indeed been an exclusive club, and many have wanted to join it.
read more
-
Bill to Help Seniors Fund Medicaid Long-Term Care Using Life Settlements
The Lifeline Program Enables Seniors to Pay Healthcare Costs with Life Insurance
The life settlement industry recently came full circle when Texas legislators passed a bill enabling state residents to use the proceeds of a life settlement to help fund Medicaid long-term care expenses. According to executives at the Lifeline Program, the industry, originally founded to help individuals in deep financial straits, is once again assisting Americans facing seemingly insurmountable healthcare costs.
read more
-
Engaged? Talk Before You Walk
Two-thirds of Engaged Couples Express Negative Attitudes Toward Discussing Money
The recent poll hosted on the National Foundation for Credit Counseling (NFCC) website revealed that 68 percent of respondents held negative attitudes toward discussing money with their fiancé, with five percent indicating the discussion would cause them to call off the wedding.
read more
-
Don’t Let Your Children Inherit Your Nursing Home Bill
The hidden costs of long term care
posted at Insured Retirement Institute May 30, 2013 by John Carter, President and CEO, Nationwide Retirement Plans, Nationwide Financial
Not planning for long-term care (LTC) expenses in retirement can easily deplete funds Boomers had intended to leave their children. In fact, depending on where you live, your kids could even be liable for your unpaid nursing home bills.
read more
-
Confidence: The Key to Success for Woman in Finance
Education and mentorship provide career building blocks
by Susan Cooper
Confidence is a word thrown around by many clients in the financial services industry – confidence in your current financial stability, confidence in your retirement security, confidence in your financial advisor…
read more
Find us on Facebook
Twitter
LinkedIn