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Archive | May 3, 2013

Retirement Living Expenses

In a recent 2011 survey conducted by the Society of Actuaries, researchers found that 83% of retirees say they want to eliminate all consumer debt, while 76% say they want to cut back on their expenditures.   This can be difficult to do, however, and those approaching retirement may find the sting of reducing their expenses  Click to Continue

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Insurance Carriers Adopting E-Applications

One of the common trends we have been seeing is more and more insurance carriers going digital.  Just this week, Celent, a research advisory unit of the management consulting firm Oliver Wyman reported approximately 55 percent of life insurance companies have adopted or are in the process of adopting e-applications for some of their products.   Click to Continue

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Allstate Offering AXA Annuity

We have all seen the commercials, and probably all know the tagline; “You’re in good hands with Allstate.”  When we think of Allstate, we probably think about them for our car insurance more than anything.  Well Allstate is expanding that perception by now offering one of AXA Equitable’s most competitive retirement income products.  According to  Click to Continue

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Athene sells Aviva’s Life Business

Athene is in the process of selling off the Life Insurance division of Aviva USA to Commonwealth Annuity and Life Insurance Company.  What’s interesting about this move is that Athene is still in the process of completing the acquisition of the purchase of Aviva.  Athene CEO, Jim Belardi stated “Athene’s focus is becoming the leader  Click to Continue

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New Mexico to Implement Separate Insurance Department

Earlier this week, the state of New Mexico announced that legislation is creating an independent state office that would oversee the insurance industry.  The bill, HB 45, was already approved by the House, and cleared for the Senate.  What does this mean for retirement specialists in the state of New Mexico?  It’s possible new rules  Click to Continue

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