Is It a Man’s World When It Comes to Retirement Readiness for Gen-X?
How Retirement Readiness Varies by Gender and Family Status: A Retirement Savings Shortfall Assessment of Gen Xers
by Jack VanDerhei
Measuring retirement security — or retirement income adequacy — is an extremely important topic. In recent years, there has been an increasing emphasis on the retirement income adequacy of widows and single women. read more
Customer Service: There Are None So Blind…
Do you hear your audience listening?
by Bruce Turkel
I’m sitting in the second row of the big conference room listening to the keynote speaker at a corporate event. Every few minutes the speaker raises his hand and asks the audience if they’ve experienced whatever it is that he’s talking about. read more
Get Unstuck by Engaging in a Strategic Market Analysis
by Jill J. Johnson
If you are struggling with sluggish sales, there are two critical areas you must review to address the situation. The first is determining if the slowdown is due to changes in your target market. The second is determining if your sales and promotional approaches are ineffective. read more
Long Term Care Insurance Industry Paid $10.3 Billion in Claims in 2018
Industry passes the $10B mark for the first time
A record $10.3 Billion in claims was paid last year by the nation's long term care insurance companies according to the American Association for Long-Term Care Insurance. Benefits were paid on more than 303,000 policies. read more
The “Gig Economy” leaves some working Americans financially vulnerable
In recent years, a greater number of working Americans have left the 9-to-5 career path for the “gig economy,” taking on part-time, contingent, or independent contractor positions. According to the Bureau of Labor Statistics, the proportion of the U.S. workforce employed part-time (i.e., less than 35 hours per week at any one employer) has increased… read more
LIMRA and LOMA Establish the Robert A. Kerzner Scholarship Program
From the start, Kerzner was an 'agent of change'
LIMRA and LOMA today announce the Robert A. Kerzner Scholarship Program, established to honor Robert Kerzner for his contributions to the insurance industry and his years of service as CEO of LIMRA, LOMA, and LL Global. read more
Investors Sought Out RIAs in 2018 Amid Market Volatility
RIAs expect more strong growth in 2019, as they welcome investors seeking advice, attract new talent, and adopt technology that enhances the client experience
Volatile markets in 2018 drove more investors to seek out the guidance of independent registered investment advisors (RIAs), with RIAs citing nearly 20 percent growth, on average, both in assets and revenues in 2018, TD Ameritrade Institutional1 found in its latest RIA Sentiment Survey. read more
Data is the Name of the Game
But how will it play out for insurance?
by Mark Breading
CES, which once centered on Consumers and Electronics (per its name), now extends far beyond consumers and focuses much more on software and data than on the electronics and hardware. read more
Pension Spending Supports 7.5 Million Jobs, $1.2 Trillion in Economic Output
Real estate, food services, health care, and retail sectors see biggest employment impacts
A new report finds that economic gains attributable to defined benefit (DB) pensions in the U.S. are substantial. Retiree spending of pension benefits in 2016 generated $1.2 trillion in total economic output, supporting some 7.5 million jobs across the U.S. Pension spending also added a total of $202.6 billion to government coffers, as taxes were… read more
Retirement: Can I Afford It?
LIMRA Research Finds 4 in 10 Small Businesses Currently Offer Retirement Benefits
LIMRA research shows Americans’ top financial concern is affording a comfortable retirement and access to a workplace savings plan is the most effective way to get people to start to save for retirement. However when it comes to small businesses (2-99 employees) only 42 percent offer retirement benefits – either along w read more
Children of Millionaires Want to Inherit Parents’ Values More Than Their Wealth
Confidence for future wealth is high, but many say they need more financial acumen
More than nine in 10 Generation Z and Millennial children of millionaires say the most important thing they will inherit is their parents’ values, not their wealth, according to a recent survey by Wells Fargo Private Bank. More than four out of five (84 percent) say they want to sustain and build on their family’s… read more
Engagement in Well-being Programs Strongly Linked to Greater Employee Loyalty
How employee pride, and engagement, builds a more positive work experience
Employees who actively participate in employer-sponsored health and wellness programs are much more likely to be proud to work for their employer and promote their company to others as a great place to work, according to Optum research released today. read more
New Study Analyzes Teacher Pension Plans In Six States
Data reveal pensions have important retention impact, providing greater security than 401(k)-style accounts
A new report finds that teacher pension plans play a critical role in retaining educators while also providing greater retirement security than 401(k)-style retirement accounts. read more