Advisor Today Blog

This Valentines Day, Love Means Being Financially Fit

As Americans prepare to spend billions of dollars on Valentine’s Day, the personal-finance website WalletHub recently released its report on 2019’s Best Places for Valentine’s Day and its nationally representative 2019 Valentine’s Day Spending Survey. Here are some findings from the survey: 46% of people would break up with their significant other if he or she spent irresponsibly. Women are ...

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NAIFA-Greater Washington Success Summit Offers Great Ideas for Advancing Your Career

For the financial professionals who attended NAIFA-Greater Washington D.C.’s Success Summit held recently in Northern Virginia, the conference was the place to be for the information they need to take their practices to the next level of success. During the day-long event, industry leaders and top producers shared what it takes to build a successful business and encouraged attendees to ...

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Consumers Concerned About Financial Fraud

According to a new LIMRA Secure Retirement Institute (LIMRA SRI) study, 79 percent of American consumers are concerned about financial fraud, with 36 percent saying they were very concerned. The study found that one-quarter of Americans report they have been a victim of financial fraud, with 13 percent victimized in the past two years. The report, Financial Fraud and Retirement ...

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ILTCI Invites NAIFA Members to Attend Conference with Special Rate

Registration is open for the annual Intercompany Long-Term Care Insurance (ILTCI) Conference, scheduled March 24-27 in Chicago. The conference is a multidisciplinary Extended and Long-Term Care event featuring 48 breakout sessions and customized workshops. The top reasons to attend, according to ILTCI: Expand knowledge about options and choices for Extended and LTC planning Increase skills on reaching and helping more ...

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Factors Affecting the Life Combination Market

According to LIMRA research, the life-combination market has grown to more than a $4 billion market over the past 10 years. A study, conducted jointly by LIMRA and Ernst & Young LLP (EY), identified five factors that impact the viability of the life-combination market. The report, Combination Products: A One-Stop Solution? examines five factors that challenge life insurers’ ability to develop and ...

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The Single-Retiree Market: Major Opportunity for Advisors

The media often depicts retirement as a couple walking down a beach holding hands or sitting on a white beach chair, watching waves crash down on the shore. However, for many American retiree, this is simply not a reality. New LIMRA Secure Retirement (LIMRA SRI) data give some valuable insights into an often-overlooked market: single pre-retirees and retirees. There are 7.6 ...

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Sallie Mae’s Sweepstakes Can Help Your Clients’ Children Win Money for College!

As your clients look for ways to finance their children’s college education, now is a good time to remind them of Sallie Mae’s monthly Plan for College Sweepstakes. This program offers a chance for students to win $1,000 when they register for Sallie Mae’s free college planning tools—Scholarship Search and the College Planning Calculator. Each November, to commemorate National Scholarship ...

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Advisors Offer More Products and Services

  A survey from the LIMRA Secure Retirement Institute (LIMRA SRI) shows that financial professionals across all channels are offering a broad array of common products and services to better serve the needs of their prospects and clients. Today there are more than 50 million American retirees. By 2035, this group will grow more than 40 percent to 72 million. ...

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Happy Thanksgiving

Dear friends, It’s an old tradition. Loved ones gather around the Thanksgiving table, ready to serve the turkey, stuffing, and mashed potatoes. But first, they take a few moments to share with each other the things they are most thankful for. Surveys indicate, not surprisingly, that Americans are most likely to be thankful for three things: their loved ones, good ...

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Americans Have High Hopes for Retiring Early

Americans on average expect to retire two years sooner than they did five years ago and many more say they intend to retire before age 60, potentially reflecting a spike in 401(k) balances, according to research from Massachusetts Mutual Life Insurance Co. (MassMutual). At the same time, fewer people have figured out how much income they need to retire. The ...

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