Kahneman, co-recipient of a Nobel Prize for his work on behavioral finance and author of the best-seller, 'Thinking Fast and Slow,' spoke with informative grace and humor at the IMCA conference in New York a few weeks ago.
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?
Headwinds like “marginal to declining premium growth,” an “aging agent and adviser channel,” and “regulatory uncertainty” continue to frustrate life insurers, the ratings agency says.
Brian Doherty, former New York Life executive and now president of Filtech and author of the recent book, “Getting Paid to Wait,” consults advisors and consumers on Social Security issues.