Pete Seroka Named to Lead Forethought Fixed Annuity Distribution
{April 6th, 2015} by enewslink
To capitalize on sales momentum with distribution partners April1, 2015 —Forethought Life Insurance Company (Forethought), a subsidiary of Global Atlantic Financial Group Limited, has bolstered its sales leadership team by naming Pete Seroka as National Sales Manager for fixed annuity distribution. Seroka will have responsibility for distribution of the fixed-rate annuity product line, which finished […]
News From the Retirement Symposium: Panelists Tell Advisors They Can Be Crucial To Improving Retirement Security
{April 6th, 2015} by Dorothy Hinchcliff
Many Americans don’t have enough money saved for the kind of retirement they would like, but advisors can use new strategies to help improve clients’ later years, panelists said today at the Financial Advisor Retirement Symposium at The Venetian in Las Vegas. More than 600 attendees came out to hear the opening general session, “The […]
Voya Financial to Announce First Quarter 2015 Results on May 6
{April 6th, 2015} by Voya
NEW YORK, April 6, 2015 /PRNewswire/ — Voya Financial, Inc. (NYSE: VOYA) announced today that it will host an audio webcast of its first quarter 2015 earnings conference call on Wednesday, May 6, 2015 from 10 a.m. to 11 a.m. (ET). The webcast will follow the issuance of the company’s first quarter 2015 earnings press […]
A critical niche for advisors: The female client
{April 6th, 2015} by Jack Singer
A recent study by Fidelity Investments found that 70 percent of widows fire their financial advisor within one year after their spouse dies! Why would so many women dismiss the advisor who worked so diligently for their family, in many cases, for years? The answer lies in the somewhat archaic notion that the man is […]
SEC’s commitment to tougher broker rules questioned
{April 3rd, 2015} by Nick Thornton
The Institute for the Fiduciary Standard said Thursday it has doubts about the SEC’s ability to formulate a fiduciary standard that will protect the interest of Americans trying to save for retirement. Those doubts, according to Knut Rostad, president of the nonprofit Institute for the Fiduciary Standard, are based on a close examination of public […]
Forethought Names National Sales Manager For Fixed Annuities
{April 2nd, 2015} by N/A
Indianapolis, IN, March 31, 2015 —Forethought Life Insurance Company (Forethought), a subsidiary of Global Atlantic Financial Group Limited, has bolstered its sales leadership team by naming Pete Seroka as National Sales Manager for fixed annuity distribution. Seroka will have responsibility for distribution of the fixed-rate annuity product line, which finished 2014 with over $3 billion […]
Agencies Don’t Quite Grasp What Customers Want
{April 2nd, 2015} by Melissa Hillebrand, PropertyCasualty360.com
Attention agencies and brokerages: You are on notice. Within the next two to four years, customers want the insurance space to catch up to the current marketplace and offer click-to-chat or click-to-call through smartphones and tablets, as well as e-signatures, PDF capabilities and comprehensive portals, according to a recent Market Insight Group report, sponsored by […]
AIG’s Hancock expects more asset sales after insurer shrank
{April 1st, 2015} by Sonali Basak
(Bloomberg) — American International Group Inc. Chief Executive Officer Peter Hancock, who took over the top job in September, said he plans to sell more businesses that don’t align with the insurer’s biggest moneymakers. “Floating or selling businesses that lack current or realizable potential synergy with our core operations” remains a key initiative, Hancock, 56, […]
Using Loans to Finance Life Insurance Premiums
{April 1st, 2015} by Richard L. Harris, Penton Business Media
Those purchasing significant death benefit life insurance often contemplate how to most efficiently pay policy premiums. Their aim is to maximize insurance benefits, pay as little as possible and minimize taxes. One option is to borrow from a commercial lender, finance company or private bank. This complex strategy, called “premium financing,” can be powerful but […]
Earning — and keeping — income: OPINION
{April 1st, 2015} by Mike McGlothlin CFP®, CLU, ChFC, LUTCF, Ash Brokerage
I work with thousands of advisors across the country, so I see a lot of client statements and financial plans — the overwhelming majority of which focus on gross retirement income. Most Americans don’t live on their gross income, however; they live on what’s left over. Or, as I like to remind my clients: It’s […]
