Life insurance holders are opting to trade in their old policies for new, better designed or more conservative policies issued by companies in solid financial health these days. But they’re holding on to their variable annuity contracts, as...
Variable annuities are in the midst of a major overhaul. In recent months, VA providers have been busy raising fees, decreasing benefits and, in some cases, suspending guaranteed income and withdrawal riders all together. As asset values in VA...
Shorts are, once again, in the sights of regulators, as they seek remedies—or, some would say, scapegoats—for recent market pain. The Securities Exchange Commission announced today that it is considering restricting short selling—...
Bear markets have a way of breaking investors’ spirits—even their ability to rationally analyze capital markets. Take for example the period from about 1965 to 1982: The Dow Jones Industrial Average was essentially stagnant, trading in...
WELCOMEWelcome to the third issue of The Next Move, which aims to be your go-to guide for practical advice about how to make the most of your career. We are pleased to announce that with your help, we recently completed our first quarterly...
This month, we’re profiling two advisors who have recently gone independent. Michael Parikh, age 45, and Jon Wakely, age 48, started Boston-based PW Global Advisors
