National Underwriter Life & Health Magazine October 08, 2007
Cover Story
Using Annuity Laddering For Retirement Income
Why is there such a gap between what retirees want--a steady, guaranteed stream of income--and what they traditionally do with their retirement savings?
Focus
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Annuitization Is Coming-One Way Or Another
"The pig through the python" is how some are describing the oncoming flood of baby boomers reaching retirement age.The first boomers will reach early retirement ...
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LTC Vs. Estate Planning: The Gloves Are Off
Estate planning financial advisors must consider long term care insurance as part of their solution or they risk their clients' financial well being.Why? The answer ...
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Professional Designations: The Ethical Issues
The various actions being taken to address advisor use of financial designations with seniors are bringing the issues of aging and ethics to the forefront. ...
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Advisors Want Clients To Have Buckets Of Money For Retirement
One income planning approach that's gaining traction with some financial planners is a system of creating different buckets of income based on when income is ...
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VA Suitability Rule 2821: What To Do Now
After 3 years of debate, the Financial Industry Regulatory Authority's new variable annuity suitability rule is now a reality. This immediately raises the question, what ...
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Long Term Care Planning Is Mostly A Financial Decision
Expansion of the LTC Partnership program to more states creates new opportunities and challenges for long term care insurance producers.The challenge is similar to working ...
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Should Fixed Index Annuities With MVAs Be Sold By Prospectus?
Should fixed index annuities with market value adjustment (MVA) features be sold by prospectus? In other words, should they be treated as registered products?For instance, ...
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A Primer For Agents Considering Life Settlements
For agents considering life settlements for their clients, full disclosure must be embraced from the outset. It starts with analyzing the insurance policies being considered ...
News
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Florida Settles With Coventry As New York Judge Cuts Charges
The Supreme Court of New York has dismissed most of a lawsuit against Coventry First LLC for alleged price fixing, while Florida regulators settled similar ...
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Grassley Probes LTC Insurers' Claim Handling Practices
Sen. Charles Grassley, R-Iowa, has opened an investigation of the claims-handling practices of long term care insurers.Grassley, ranking minority member of the Senate Finance Committee, ...
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PBR Reinsurance Proposal Would End Regulations' Strictures
Ceding companies and reinsurers could be freed from the strictures of current regulations if a new principles-based reserving system is put in place, according to ...
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Annuity Guideline Exposed For Adoption
After nearly a decade of re-writes, a model guideline, AG VACARVM, which establishes reserving requirements for variable annuities with guarantee provisions, has been exposed for ...
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Informal 'Annuities Working Group' Tackling Sales, Disclosure Issues
An informal "annuities working group" has emerged from the May 2006 meeting of non-insurance and insurance regulators who were concerned about jurisdictional issues in the ...
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New Jersey Leads Battle To Overturn New SCHIP Limits
New Jersey has filed a civil suit in the U.S. District Court in Newark, in an effort to preserve states' ability to enroll what they ...
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Bush Vetoes SCHIP Expansion Bill
President Bush on Oct. 3 vetoed legislation that would have expanded the State Children's Health Insurance Program, sending the measure back to Congress where the ...
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Surplus Growth Strong In 1st Half
Strong operating earnings, high capital gains and a decline in shareholder dividend payments produced a 4.3% gain in surplus in the first 6 months of ...
Features
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Panel to Forum:
What does it take to build a successful practice? A panel of advisors whose expertise ranged from estate and business planning to investment compliance and ...
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IRS Targets New 'Transactions Of Interest'
The Internal Revenue Service and the Treasury Department recently released final regulations on the disclosure of reportable transactions (i.e., potentially tax avoidance transactions), and included ...
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DOL Proposes New Rules And Guidance On Annuities
The Department of Labor has issued proposed regulations and a new interim final rule regarding the selection of annuities by defined contribution plans. This new ...
Opinion
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Bahamas-Bound
I'm really looking forward to the third Life Settlement Roundtable that this magazine is sponsoring on October 11. And not just because this one is ...
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The Silent Crisis: 68 MillionWithout Life Insurance
According to LIMRA International, 68 million adult Americans have no life insurance. 68 million!The number is so big, I called LIMRA to verify. That's right, ...
