Articles
LTC market will face ‘greater strain.’ Are solutions already at hand?
The long-term care issue is receiving plenty of attention – both from the explosive growth of LTC riders attached to life insurance, as well as several state and federal proposals. Recenlty, the Senior Issues Task Force met to discuss long-term care trends, issues and long-term prognosis. The task force – a National Association of Insurance […]
Annuity sales top $100B for the 6th straight quarter, LIMRA reports
Total U.S. annuity sales were $106.3 billion in the first quarter of 2025, level with the record set in first quarter 2024, according to results from LIMRA’s U.S. Individual Annuity Sales Survey. This quarterly survey represents 85% of the total U.S. annuity market. “Total annuity sales topped $100 billion for the sixth straight quarter, demonstrating […]
‘Annuity King’ gets trial date for lawsuit against feds, Florida regulators
Phillip Roy Wasserman is expected to get another day in court to make his case that state and federal agents broke the law during investigations that led to his fraud conviction. Wasserman was convicted on May 15, 2023, on nine felony counts. The three most serious – wire fraud, mail fraud and conspiracy to commit wire […]
Why emotional readiness is one key to retirement
“Retirement isn’t just about number crunching; it is a significant emotional transition that many clients simply aren’t emotionally prepared for,” says Financial Planning Association (FPA) President Paul Brahim. “As more Americans near retirement, it’s imperative that financial planners do more than just manage money. They also need to help clients deal with the emotional aspect […]