Insurance

“If insurance and annuities had always been commission free, RIAs would be power users,” says David Lau, CEO of DPL Financial which is partnering with SS&C Advent.

While the contributions aren’t deductible, distributions such as earnings are tax-free to the designated beneficiary if they’re used to pay for qualified disability expenses.

A Korean-American entrepreneur claims James Hilbrant told her to “go back to Wuhan.”

Could single premium immediate annuities be the answer to ultralow rates?

One problem is the proposal is focusing on the minor advantage of tax-deferred retirement plans, says Bloomberg columnist Aaron Brown.

Sales are tumbling and gravitating to different products as Wells Fargo settles a FINRA case and researchers examine the defunct fiduciary rule.

Northwestern Mutual’s practices raise difficult questions about the nature of retail advice just as wealth management faces greater scrutiny under new rules.

Its rivals have been building out their own insurance arms in recent years and have brought on executives who can help them attract more business.

Companies that connect advisors and carriers are seeing a surge in use.

So-called buffer funds have attracted over $2 billion worth of inflows so far this year.

The new relief plan has something for many taxpayers, including retirees and the recently unemployed.

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

Those who feel they have inadequate savings may consider going back to work after the pandemic, even if it's on a part-time basis, according to an expert.

April brought the highest unemployment since the Great Depression. Some of these people are our clients.

The rule change is designed to have an impact in the fight against COVID-19 and applies only to donations made to charitable organizations, an expert says.

There's a great deal of help for businesses in the CARES Act and the FFCRA.

Gauging any possible changes to their health insurance coverage is just one consideration they must address before they retire.

Just as in the wake of the 2008 financial crisis, experts say there's rising interest in the products among advisors.

In some cases, workers who have received severance pay have the option of investing the money for retirement and other long-term goals.

“[By extending the tax deadline], they automatically extended the deadline to make an IRA contribution last year,” an expert says.