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  • Storytelling Is Good for Business
    Storytelling Is Good for Business

    Five ways to tell yours in a way that grabs clients and keeps them loyal

    People love stories. Whether we are sitting around a fire, reading a book, or watching a video, stories make us feel part of something bigger. They resonate on a deep, human level.
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  • Growing Health Savings Account Balances Impact Health Care Access, Increase Spending
    Growing Health Savings Account Balances Impact Health Care Access, Increase Spending

    When consumers have more in their HSA's, they tend to use it more

    Employers have adopted HSA-eligible health plans as a way to manage the cost of providing health benefits to workers and their families. HSA-eligible health plans are expected to make health plan members more cost conscious because they are paying more out of pocket than in traditional health plans.
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  • Empower Retirement lauds House approval of the SECURE Act of 2019
    Empower Retirement lauds House approval of the SECURE Act of 2019

    U.S. House of Representatives sends a strong message that retirement policy for working Americans is a top priority

    Today the U.S. House of Representatives sent a message with its approval of a bill that reforms retirement policy affecting working Americans. “It’s exciting that retirement policy has garnered bipartisan support from Reps. Richard Neal, D-Mass., chairman of the Ways & Means Committee, and Kevin Brady, R-Texas, the committee’s ranking member, who understand the importance of…
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  • On Vacation? Unplug Already!!
    On Vacation? Unplug Already!!

    Survey: Half of of professionals check in wth work multiple times a day while on holiday

    As the summer vacation season kicks into high gear, a new Korn Ferry (NYSE:KFY) survey shows that disconnecting from the office to enjoy time with friends and family is a tall order for most professionals.
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  • Level of Financial Confidence Among Adult Children May Stem from Their Parents’ Approach to Retirement Planning
    Level of Financial Confidence Among Adult Children May Stem from Their Parents’ Approach to Retirement Planning

    Sixty one percent say they take a different approach to finances to avoid making the same mistakes their parents made

    A new survey from TIAA finds Americans who lack confidence in their parents’ financial security in retirement (27 percent) are twice as likely to lack confidence in their own retirement as those who are confident in their parents’ (72 percent versus 36 percent).
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  • U.S. Single Premium Pension Buy-out Sales Has Record First Quarter — Exceeding $4.7 Billion
    U.S. Single Premium Pension Buy-out Sales Has Record First Quarter — Exceeding $4.7 Billion

    Highest Q1 total in 30 Years

    U.S. single premium pension buy-out product sales surpassed $4.7 billion in the first quarter 2019, an increase of 240%, compared with first quarter 2018 results. This is the highest first-quarter sales total in over 30 years, according to the LIMRA Secure Retirement Institute (LIMRA SRI) quarterly U.S. Group Annuity Risk Transfer Survey.
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  • Life/Health Insurers Daunted by Financial Accounting Standards Board’s Long-Duration Contract Changes
    Life/Health Insurers Daunted by Financial Accounting Standards Board’s Long-Duration Contract Changes

    Could be costly for companies transitioning to new accounting standards

    Changes to the Financial Accounting Standards Board (FASB) requirements for insurance companies to report GAAP financials for long-duration contracts could become costly for companies transitioning to the new accounting standards and could create earnings and reserving volatility, according to a new AM Best commentary.
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  • Nearly 24 Million People with Employer Plans Spent Large Shares of Income on Health Care Costs
    Nearly 24 Million People with Employer Plans Spent Large Shares of Income on Health Care Costs

    Louisiana, Maine, and Arkansas had the greatest share of people with high cost burdens because of high premiums

    Millions of Americans with employer health coverage are spending large shares of their income on health care costs, according to a new Commonwealth Fund report. The analysis looks at what people in every state report spending on premiums and out-of-pocket costs for medications, copays, and dental and vision care.
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  • Fixed Annuities Continue to Drive Growth in First Quarter 2019
    Fixed Annuities Continue to Drive Growth in First Quarter 2019

    Outperform VAs in 11 of last 13 quarters

    First quarter 2019 fixed annuity sales were $38 billion, a 38% increase compared with first quarter 2018, according to LIMRA Secure Retirement Institute’s (LIMRA SRI) First Quarter 2019 U.S. Retail Annuity Sales Survey. Fixed sales have outperformed variable annuity (VA) sales in 11 of the last 13 quarters and they represent 63% of overall annuity…
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  • Trade News Moves the Market
    Trade News Moves the Market

    Down sharply, then up mildly... as tensions continue

    Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China trade talks would continue. Even so, the major indices had a down week. The S&P 500 lost 0.76%, while the Nasdaq Composite fell 1.27%, and the Dow Jones Industrial Average declined 0.69%.
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  • Americans Believe Risky Careers are Considered the Most Heroic
    Americans Believe Risky Careers are Considered the Most Heroic

    Soldiers, firefighters and police officers are among the most heroic occupations; So are stay-at-home Moms

    A new study released by leading life insurance provider Vantis Life has highlighted just how valued heroic jobs are in American society. The research polled 2,000 U.S. residents, asking respondents to rank 22 common professions based on how heroic, important and trusted they are, and how they should be compensated accordingly.
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  • Giving Savers the Confidence to Retire
    Giving Savers the Confidence to Retire

    How advisors and employers can help raise retirement confidence

    by Jamie Ohl

    Retiring – it’s something that all of us hope to be able to do someday – but that not many people feel confident about. Recently, at Lincoln Financial we launched the Consumer Retirement Index, which is a measure of how confident Americans feel about retirement based on their answers to three questions...
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  • Recent Life Settlement Transactions Reveal Broad Social Utility
    Recent Life Settlement Transactions Reveal Broad Social Utility

    Seniors Are Selling Unwanted Life Insurance Policies to Solve Wide Range of Financial Challenges

    Asset Life Settlements, LLC announced that an analysis of the company's life settlement transactions over the past year indicates that seniors and retired business executives are selling their unwanted policies to address a wide range of financial challenges.
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