Alternative Brokerage and US Annuity Partners are proud to be rolling out the industry’s First “Post DOL Fiduciary” Index Annuity designed specifically for Broker-Dealers and Banks. “The SCA-7 is designed to compete as a true “buy and hold strategy” that will directly compete against Indexed & Market-Linked CDs” said Bob Phillips, President of Alternative Brokerage. Unlike the MLCD market, there will be NO phantom income taxation challenges. “The annuity also comes with a 1%

The Baby Boomers are booming into retirement and the major economic effects they have generated have already begun. As of July 1 of this year, retired baby boomers age 70.5 (born in the first 6 months of 1946) are subject to Required Minimum Distributions (RMDs). So what does this mean? Let’s start by explaining what an RMD is. The tax-deferred benefits of many retirement plans you may have become familiar with over the years (like traditional IRAs and 401(k)s) have a time li

HARTFORD — The Phoenix Companies. Inc. is being sold to Nassau Reinsurance Group Holdings L.P. for $217.2 million, the companies announced early Tuesday. That's a huge premium for shareholders, whose stocks were worth $13.03 at closing Monday, and who will be offered $37.50 a share. The stock was trading at about $32.75 after the announcement. The stock had plunged from $56.07 on March 30 to $17.85 on May 14, the day of its annual meeting. Bad news on financial restatements,

Many people launch a business around an idea that excites them at the time or may seem like a lucrative opportunity. Yet, all too often they seem to lose interest when they don’t see an almost instant return. Has this ever been you? When was the last time you asked yourself, “Is this my passion? Do I love what I’m building? Do I love it enough to continue doing this forever?” The reason we read book after book about passion being the key to every successful business is becaus

Where’s the Risk Today? We know the value a fixed annuity product can add to a well-rounded retirement portfolio. Annuities are gaining national attention and acceptance as a source of reliable, guaranteed income in a time of market uncertainty. More and more consumers are looking to fixed annuities for the level of protection they add to a retirement income strategy. Insurance carriers and distributors play a critical role in helping consumers understand annuities and how th