The firm says its acquisition of Improved Funding Techniques Inc. expands its retirement footprint in the Northeast.
Clams paid this year represent a $2 billion increase over the total benefits paid by the long-term care insurance industry in 2018.
Plaintiffs in a lawsuit filed in Tennessee say their adviser never disclosed that he received a commission on the sale of certain life insurance products and allegedly made substantial misrepresentations about how client dollars were being used.
The global insurance firm continues to grow its stable of retirement plan specialists with the addition of two New York-based advisers.
David Reich, Hub retirement and private wealth, says the latest acquisition will help the firm improve its retirement planning and financial wellness capabilities.
Expert attorneys and fiduciary insurance carriers demonstrate how advisers can put their best foot forward.
The standard-setting and regulatory support organization governed by the chief insurance regulators of all 50 states set today as a deadline for industry comments on the latest draft of a model best-interest suitability standard applying to annuity sales.