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Don't let beneficiary designations come back to haunt divorcing clients
Some states will bar the payment of life insurance proceeds when a couple is splitting.
MetLife plans to sue to overturn Dodd-Frank systemic-risk label
The insurer will be the first non-bank to argue that its failure would not pose a threat to the financial system.
John Hancock buys New York Life's retirement unit; New York Life acquires block of John Hancock's life insurance biz
In a two-part tradeoff, John Hancock will acquire New York Life's Retirement Plan Services business, and New York Life will take on a block of John Hancock's life insurance business. One deals bolsters John Hancock's retirement reach and the other the other New York Life's insurance reserves.
National insurance registry falls short of goal line, tax extenders passes
With Congress adjourned, rejected bills, such as one facilitating insurance agents' ability to practice in multiple states that was blocked by Sen. Tom Coburn, will need to be reintroduced next year.
Senate set to approve national insurance-agent registry
Though new board has wide support among state regulators, GOP senator cries foul over infringement of states' rights.
Top Jackson National exec Clifford Jack to step down
Mr. Jack helped build the insurer's variable annuities business and independent broker-dealer network.
Insurance vehicles can be powerful way for advisers to reach younger investors
For advisers who want to expand their firms by reaching out to the next generation of investors – those in their 20s, 30s or 40s – long-term and cross-generational financial vehicles such as fee-only life insurance and no-load annuities offered to clients of RIAs through Ameritas Advisor Services
Sponsored Content from Ameritas
New York Life buys IndexIQ to expand liquid alts offering, add hedge fund ETFs
Deal adds $1.5 billion in AUM to N.Y. Life, including $950 million in multi-strategy exchange-traded fund.
How Social Security annual increases are calculated
Some topics are a lot more controversial than others. But I was amazed when my October 1, 2014, article that correctly predicted next year's 1.7% cost-of-living adjustment for Social Security benefits several weeks before the official announcement triggered more than 80 vehement responses.Most of
Game Changers: Dealing with Dementia Cognitive decline doesn't just rob the elderly of their mental capacity. Advisers and their firms often are left adrift, forced to make crucial decisions affecting the financial affairs of elderly clients.
Early onset Alzheimer's: When plans are upended
Ken Sullivan and his wife, Michelle Palomera, seemed like ideal clients. Both had well-paying jobs in financial services and had been diligent savers. Their financial adviser helped them cover their bases, building their money in managed accounts while helping them plan for their two daughters' ...
Protecting vulnerable aging clients
Securities industry faces incalculable risks that require rigorous internal controls to manage relationships with aging investors
Former Pimco parent Pacific Life moves accounts to Janus
Pacific Life Insurance Co., the insurer where Pimco was started as a bond unit in 1971, is moving money from Bill Gross's old firm to Janus Capital Group, which the bond legend joined last month.
Indexed universal life insurance faces fresh scrutiny
Regulators homing in on whether insurers are presenting a picture of performance that's too rosy.
Wintrob to join Oaktree Capital as CEO
Former AIG Life and Retirement executive to oversee nonfinancial operations at alternative investment shop.
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