In the first of a two-article series, the retirement expert, author and editor enumerates and describes the many risks that retirees face. (Spoiler alert: Mortality is not one of them.)
For 2018, fixed indexed annuity sales rose 27% to $69.6 billion, compared with 2017. This exceeded the previous annual fixed indexed annuity sales record by $10 billion, according to LIMRA Secure Retirement Institute.
The Exchange will give advisors access to variable, structured, fixed, and indexed annuities from Allianz Life, Brighthouse Financial, Global Atlantic Financial Group, Jackson National Life Insurance Company, Nationwide, and Prudential Financial.
Nick Lane becomes president of AXA Equitable Life; MassMutual reports record revenues for 2018; 'Alexa, What's my Principal Flash Briefing?'; eMoney launches Foundational Planning; Ricki Ingalls joins Retirement Clearinghouse.
If you’ve ever heard David Macchia speak, you’ll probably recognize his voice coming through the text of his new book. In 'Lucky Retiree,' Macchia explains retirement risks and time-segmentation while pitching his firm, Wealth2k, and its flagship product, the Income for Life Model.
“As advisors think more holistically about the nonfinancial, intangible impact they can have on their clients, mega teams well positioned to compete in this experience-centric model,” said Marina Shtyrkov, a Cerulli Associates analyst.
'Retail investors remain skeptical of the ferocious stock market rally early this year,' said David Santschi, director of liquidity research for TrimTabs. 'While bond mutual funds are drawing big inflows, all equity mutual funds have lost an estimated $14.9 billion in February.'