AdvisorNews Staff

Variable Annuities Show Slight Gains In 3Q, Wink Reports

Variable annuity sales in the third quarter were $21.2 billion, an increase of 1% over the previous quarter. Variable annuities have no floor, and potential for gains/losses that are determined by the performance of the subaccounts that may be invested in an external index, stocks, bonds, commodities, or other investments.

Asset Managers Hesitate On ESG

An estimated 88% of total U.S. public market assets are affiliated with a Principles for Responsible Investment (PRI) signatory, however only 4.5% of signatory assets are described in their official product documents (e.g., prospectuses) as taking ESG considerations into account to inform investment decisions, a Cerulli study found.

How To Serve ‘Late Boomers’ In ‘The Age Of The Consumer’

The future belongs to agents and advisors who broaden their solution set and partner effectively. To deliver holistic planning support in a cost-effective way, however, you need a partner that can supplement your existing knowledge and capabilities. Ideally, your partner will bring to the table:

5-minute Finance: Straddling Generational Gaps

Each week MDRT and AdvisorNews bring readers advice on topics encompassing the financial services industry including case studies, practice management, tips for success and much more.

Schwab Blames Rate Cuts For Layoffs

In September, brokerage firm Charles Schwab laid off 600 employees. In a Wall Street Journal interview the company cited the “challenging economic environment” for the layoffs.