A Fortune in Reversals

New federal reverse mortgage rules make it cheaper for seniors to tap their home equity for a line of credit.

Envestnet’s Big Annuities Play

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?

FIAs for Retirement Income (Why Not?)

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.

The Derivatives that Power Index Annuities

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?
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Craig Israelsen’s Seven Percent Solution

Think your clients need $1.25 million to retire comfortably? In a new book, advisor Craig Israelsen argues that they can live even better on less than $750,000.

Madoff’s Unsolved Mysteries

On September 26, Los Angeles moneyman Stanley Chais may have taken the secret of the Ponzi artist’s missing billions to his grave.
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Quote of the Week

"The federal government is like 10,000 bugs on a log floating down a river, and every bug thinks he's steering the log."--Herman Kahn, as quoted by Marsh Carter, chairman of the New York Stock Exchange, at the RIIA annual meeting this week.

Pacific Life Launches Its First SPIA

Pacific Income Provider offers 10 payment options, including Life with Cash Refund, inflation adjustments, and the one-time ability to increase or decrease income payments.

The Bucket

Late-breaking items about the Financial Planning Association, InFRE, Principal Financial, Mutual of Omaha, AllianceBernstein and more...