Author Archives: Ayo

Over 80 Percent of Women Fail Retirement Income Literacy Quiz

Only 18% of retirement-age women can pass a basic quiz on how to make a nest egg last in retirement. Nearly twice as many retirement-age men are able to pass, and although those numbers are still grim, this underscores the trouble women face in their own retirement knowledge. Even more worrisome is that despite low retirement literacy, the majority of ...

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New York Life Names Lizzie Dipp Metzger 2017 Council President

New York Life has named Lizzie Dipp Metzger, CFP, AEP, as its 2017 Council President.  The first Hispanic woman to receive this award, Metzger ranked as the top advisor among New York Life’s more than 12,000 licensed agents and advisors, based on production, while adhering to the highest standards of ethics and professionalism. Metzger is also a past recipient of ...

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Cyber-Security Practices in the U.S.

Nearly three-quarters of U.S. businesses believe their organizations are highly protected from attempts by outsiders to gain access to their systems and data, according to a survey by Willis Towers Watson. A similar proportion of organizations (79%) maintain they have the right processes in place to adequately respond to privacy and security threats. The findings, from Willis Towers Watson’s Cyber ...

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Employers Miss the Mark by not Offering (DI) Insurance

A survey conducted by Anthem in honor of May as Disability Insurance Awareness Month found that employers may be missing a key opportunity by not offering DI insurance to their employees. The survey found that 35 percent of Millennials (ages 18 – 34) have turned down a job offer either fully or partially because they were dissatisfied with insurance offerings, ...

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Ohio National President and CEO to Receive Lifetime Achievement Award

The Round Table of New York will recognize Ohio National Financial Services President, CEO, and Chairman of the Board, Gary T. “Doc” Huffman, CLU, ChFC, with a Lifetime Achievement Award at its 99th Anniversary Black Tie this December in New York City. The Round Table of New York offers this annual award to an individual who has made significant contributions ...

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The Investing Identity of Ultra-Wealthy Millennials

OppenheimerFunds and Campden Research, a division of Campden Wealth, recently published “Coming of Age,” a study that examines the investing identity of the next generation of wealthy families in North America. The report analyzes responses from Millennials who are wealth creators or the next generation of ultra-high-net worth (UHNW) families. It focused on three main topics: investment acumen, investment behavior ...

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10 Etiquette Guidelines for After-Work Events

From office-wide, after-hours events, to anniversary parties and corporate retreats, work events are often characterized by a more relaxed, yet professional environment. Though these gatherings serve as a wonderful way to connect with coworkers and interact with power-players, they can also be monumentally disastrous if employees do not behave professionally. Here are a few etiquette guidelines to follow when attending ...

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Consumers with Advisors More Financially Prepared and Confident Than Do It Yourselfers

A new study that was commissioned by MDRT and conducted online by Harris Poll found that 79 percent of Americans have never hired a financial planner. Thirty-eight percent of these consumers say it’s because they are capable of managing their finances alone. However, many Americans who have hired a financial professional report feeling confident at the sight of complex financial ...

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Americans Are Stressed About Retirement, But Not Taking Steps to Prepare for It

Many American workers are feeling stressed about retirement but are not taking steps to prepare for it. And those feeling stressed have lower levels of retirement confidence and are less likely to feel financially secure, according to the 2017 Retirement Confidence Survey (RCS) by EBRI and Greenwald & Associates. This year’s survey finds that 3 in 10 workers feel mentally ...

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Consumers Want Same Experience When Buying Life Insurance and Other Retail Products

A new LIMRA study reveals that consumers expect transparency from a life insurance purchase in the same way they would for buying other retail or travel products. There are several overarching factors that consumers feel contribute toward transparency. First, consumers want easy-to-understand terms and if possible, a glossary. They are also looking for clear and accurate ways to compare companies ...

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