Insurance

LPL slammed the move by the exiting major issuer to cut off trails for advisors in certain existing contracts.

A small group will actually pay less in premiums because the cost-of-living adjustment in their Social Security benefits next year won’t be large enough to cover the premium increase.

Schwab, Vanguard and LPL explained their approach to campaign donations as the industry and its supporting sectors provided $19 million in PAC contributions.

Those new to Medicare may not realize they need to buy a separate policy to cover prescription drugs. There are some partial exceptions, but even in those cases, coverage can vary.

Those concerned about financial shortfalls in old age may want to consider selling their whole life policy. Here's how advisors can help.

The startups competing at XY Planning Network's fintech competition say they're solving RIA practice concerns that the industry has failed to address.

NAPFA’s chairman sees an “untapped market” opening up.

High-net-worth clients can bump into income limits when it comes to making Roth IRA contributions, but they can find other tax-saving strategies to save for retirement.

Many older Americans are now facing hefty life insurance premiums due to dwindling interest rates. Many seniors are sitting on a "ticking time bomb."

Among current retirees, the numbers aren't much better: 60% of them have not calculated how much health care costs impact their savings.

Advisors to the ultra-rich are upgrading strategies for wealth transfer and philanthropic planning.

While proceeds from life insurance are not subject to income tax, there are other taxes that will apply. But there are steps to take to avoid those liabilities too.

Always check and update the beneficiary forms.

Advisors must be wary of “making permanent decisions based on a temporary law,” an expert says.

Tightening regulations and digital innovations are among the most important issues facing distribution channels, executives say.

Caretakers for those with developmental challenges can feel lost when it comes to their financial options.

Many seniors who succeeded in retirement set their sights on becoming millionaires while they were young.

The right health insurance is all that’s needed to use this triple-tax advantaged savings account.

Clients will be better off using the income allocation strategy than the asset allocation approach when building a retirement portfolio, an advisor says.

Clients are advised to start looking for coverage in the marketplace, which will be open for 2019 enrollment from November 1 through December 15.