- LIMRA Data Shows the Importance of Social Media for Financial Professionals
When Millennials & Gen-Xers look for an advisor, they're usually doing it digitally
LIMRA research shows 27% of Americans prefer to work with an agent or advisor when buying life insurance. New findings from the 2019 Insurance Barometer Study, which LIMRA does each year with consumer education nonprofit Life Happens, show about 1 in 5 Americans (17%) say they are looking for a financial advisor.
read more - NAFA Recognizes Legislators and Leaders for Commitment to Improving Retirement Landscape
For 'commitment to commonsense policies' and closing the income-gap
In an effort to highlight the tremendous work being done to protect and promote fixed annuity products and advocate for the value of annuities as part of a comprehensive retirement plan, NAFA, the National Association for Fixed Annuities, presented awards of recognition to two legislators and a number of industry leaders during its ninth annual…
read more - Study: 79% of Americans Consider Homeownership Part of the ‘American Dream’
Including 73% of Millennials
In recognition of National Homeownership Month in June, First National Bank of Omaha today released the results from its 2019 State of Homeownership Survey. The survey examines Americans’ perceptions and preferences related to different aspects of homeownership, from mortgages and debt to home maintenance and the future of the country’s housing market.
read more - Working in Retirement: A Client Rulebook
See how to tap into financial, health care, Social Security, and other benefits
For 67-year-old Marilyn Arnold, finances played a role in her decision to keep working when she retired 4 years ago from her position as a managing partner at New York Life Insurance Company after 29 years in the insurance business.
read more - Casting Your Confidence Net
Four Strategies to Manage Self-Doubt
by Dr. David Chinsky
Even when leaders are clear about where they want to take their teams, pushback from colleagues, combined with self-doubts, can cause them to become paralyzed at the point of action. Clarity without confidence is an ineffective formula for success.
read more - Eyes Forward: Opportunities and Obstacles
Wells Fargo Investment Institute releases its 2019 mid-year outlook, suggests the S&P 500 will close around 2,850 at the end of 2019
Wells Fargo Investment Institute (WFII) today released its “2019 Midyear Outlook Eyes Forward: Opportunities and Challenges.” The report makes the case that the current 10-year economic expansion is not over and that all avenues for investors to consider will require careful assessment.
read more - What Is The State Of Retirement Readiness?
Retirement income adequacy for younger workers, single women most impacted by presence and absence of DC plans
Retirement income adequacy for younger workers, single women most impacted by presence and absence of DC plans New research from the Employee Benefit Research Institute (EBRI) identifies how new proposals will affect certain cohorts. Read the full Issue Brief here. A new EBRI study finds younger workers and single women’s prospects for requirement income adequacy…
read more - In Search Of Yield, U.S. Insurers Boost Investments in CLOs
Though industry levels are low, lower-rated CLO holdings could contribute more noticeably to losses
from certain insurers’ investment portfolios
In an effort to boost investment returns, US insurers expanded their collateralized loan obligation (CLO) holdings in 2018, albeit the investments were highly rated, Moody's Investors Service says in a new report, the third in a series examining insurers' investments.
read more - Will The Fed Vote A Rate Increase This Fall?
76% say it should
With the Federal Reserve expected to contemplate a rate cut on Wednesday and markets indicating there is a 97% chance of a drop in rates by the Fed’s September meeting, the personal-finance website WalletHub today released the results of a brand-new Fed Rate Survey gauging consumer sentiment on the matter.
read more - Nearly 9 in 10 Americans Believe How They Manage Their Money Would Make Their Parents Proud
Report also shows finances take a toll on mental and physical health – Even more so among women
Bank of America today announced findings from the latest Merrill Edge® Report, which reveals people are feeling simultaneously optimistic and overwhelmed by their finances.
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