Charitable gift annuities offer a way to give — and get

Charitable gift annuities allow donors to receive annuity payments in exchange for a monetary or property donation to a charity, writes Brian O’Connell. Among the advantages are an immediate tax deduction and the potential for some of the annuity income stream to be tax-free, he writes. TheStreet

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Expert: Fixed-indexed annuities protect retirees when markets fall

The protections built into fixed-indexed annuities make them particularly useful to retirees when markets turn volatile, according to finance expert Dr. Wade Pfau. “This protection may make it easier to retire successfully in down market environments,” he says. Kiplinger online

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States moving toward best-interest standards for insurance agents

Proposals to impose best-interest standards on insurance agents could be taken up by as many as 14 states. “There’s a narrative that we have to fix something but there’s no evidence that there’s something that needs fixing,” AssessBEST CEO Kim O’Brien said. InsuranceNewsNet Magazine online

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Tougher rules for annuity sales are on the way

InsuranceNewsNet Senior Editor John Hilton looks at developments in federal and state regulations that are likely to affect annuity sellers. While much is still up in the air, he notes that tougher regulations are “coming sooner rather than later.” InsuranceNewsNet Magazine

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Report: Determining annuity income requires careful analysis

CANNEX researchers look into the question of which type of annuity pays the most guaranteed income and found that the answer depends of several factors, including the client and timing. “[A]dvisors need to rely on real analytics, not traditional perceptions or best guesses of how guarantees work, to best serve…

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4 groups who can benefit from life insurance

If you have started a family, remarried, own a business or have potential estate tax liabilities, life insurance can be a good planning tool, writes Catherine Schnaubelt of CIBC Private Wealth Management. She stresses the importance of choosing the right policy with an appropriate amount of coverage. Forbes

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Best interest standards on tap for 2019

Both the Securities and Exchange Commission and Department of Labor have included best interest standards on their agenda for fall 2019. The Labor Department is working on a revised fiduciary rule, and the SEC is in the process of reviewing comment letters and other feedback on Regulation Best Interest, including…

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Don’t miss out on life-settlement opportunities

Life insurance producers should be mindful that clients don’t miss out on opportunities to convert life insurance policies into life settlements, Robin Weinberger and Peter Katz write. The contestability period and policies lapsed beyond the grace period present roadblocks to life settlements, they write. ThinkAdvisor (free registration)

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Fed holds rates but sticks with plan for gradual hikes

The Federal Reserve still plans to gradually increase interest rates but has left them unchanged at a meeting this week. The central bank says the US economy remains healthy but notes a downturn in growth of business investment. Reuters

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Focus on consequences when selling men LTC insurance

Men tend to ignore or feel indifferent about risk, making it difficult to sell them insurance, including long-term-care insurance, writes Harley Gordon of the National Academy of Elder Law Attorneys. Gordon suggests focusing the conversation on consequences for loved ones, rather than risk to oneself. InsuranceNewsNet Magazine

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