Insurance

Using private placement life insurance to avoid taxes is getting more popular, some financial advisors say.

With Intelliflo, the insurance giant hopes to expand agents’ ability to offer wealth management and financial planning.

Its parent seeks to support more holistic planning by combining it with two other subsidiaries.

The firm’s head of advisors says implementation required significant additions and enhancements.

Once the cost of coverage is accounted for, the implied rate of return for investing through a return of premium term policy can be quite attractive, Derek Tharp writes.

A lack of faith gives investment and wealth management firms the lowest ranking among the least trusted types of financial services companies, a Morning Consult survey finds.

In a panel discussion, three financial advisors explained why the products are often misunderstood and how to assist clients in evaluating their policies.

Real interest rates, which protect from inflation, have fallen in recent years, making it more expensive to finance future spending, Allison Schrager writes.

A barred broker’s alleged version of the “infinite banking” strategy recommended that clients liquidate their 401(k)s or IRAs to buy variable annuities.

The products have seen a 9% rise compared to the prior quarter, and a whopping 89% rise on year-ago levels, according to LIMRA data.