Forget "death panels." Loving, decisive words from a doctor helped this dying pianist decide to let go of her life. The conclusion of a two-part story.
Envestnet, with the help of six major annuity issuers, has built a platform where advisors from broker-dealers, banks and RIAs can blend insurance products and investments in the same financial plan. It's a service life insurers can't live without. But will RIAs embrace annuities?
In this last article in our series on fixed indexed annuities, we consider the potential role of FIAs in providing retirees with guaranteed lifetime income. We find FIAs to be valuable, but underused for that purpose.
FIA owners can pick from an array of choices as cryptic as those on a roulette table. But if they don't understand options, how can they evaluate these safe but esoteric insurance products?
Our occasional columnist explains why hedge funds are scooping up discounted claims against jailed Ponzi artist Bernard Madoff.
All those who give “personalized investment advice about securities to retail customers” should put the clients' interest above their own, the SEC staff recommends.
Prudential is reducing the size of the roll-up guaranteed by its top-selling Highest Daily Lifetime variable annuity rider to 5% per year until the first withdrawal from 6% per year.
Wells Fargo, Morgan Stanley, JPMorgan Chase and Bank of America led bank holding companies in annuity commission income through Sept. 30, 2010, combining for almost 60% of the year's income.
"More generous benefits" anticipated in 2011, according to Morningstar vice president Kevin Loffredi.
In the 1990s, Poland reformed its Social Security-type system and introduced personal accounts. Now they’ve got chaos.
Garth Bernard responds to last week's RIJ article on the Bank of Montreal's Lifetime Cash Flow product, saying the product has 'room for improvement.'
Late-breaking items from the Diversified Services Group, Financial Crisis Inquiry Commission, ING, Wealth2k, Fidelity, Bank of America Merrill Lynch and Nataxis.