Will the ‘BIC’ Affect QLAC Sales?

We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb Callahan, chief operating officer of ValMark Securities.

Marshmallows and Social Security

Should US retirees delay claiming Social Security until age 70, even if they have to spend savings until then? The Center for Retirement Research at Boston College proposes that strategy as a default option in retirement plans.

How to Choose an Annuity Issuer

Shopping for an annuity, like shopping for a car, involves questions about the manufacturer of the product. Do their products perform as expected? Will service quality be high? Are they likely to stay in business? We show you where to look for answers.

Time to Put Benjamins Back in the Sock Drawer?

At the LIMRA annual conference in Boston earlier this week, MIT economist James Poterba described how low interest rates make saving for retirement more of a challenge.
Featured

A Conservative Retirement Portfolio in 3 Buckets

The Director of Personal Finance and senior columnist at Morningstar offers a three-bucket strategy for retirees who want to draw income from a diversified portfolio over a 15-year time horizon. The article was first published at Morningstar.com.

The DOL’s Missed Opportunity

By proposing a solution that could disrupt the distribution of financial products and deny broker-dealers a major source of revenue, the DOL guaranteed resistance. Instead, it might have required IRA advisors to demonstrate retirement planning expertise.
News

Will the ‘BIC’ Affect QLAC Sales?

We're talking about the DOL's proposed Best Interest Contract exemption and sales of Qualified Longevity Annuity Contracts. "Most firms will just pass on this uncertainty and risk," said Caleb Callahan, chief operating officer of ValMark Securities.

Retirement conferences this fall

Here's a list of fall 2015 and winter 2016 conferences that might interest you, starting with the Financial Planning Association's annual conference in Boston this weekend.