“In a high inflationary period – like today – investment and economic risk are very real for retirees,” says Paul Tyler, chief marketing officer at Nassau Financial Group. “The tradeoff is that the rate is…
Product experts: Regulators need to end ‘gamesmanship’ of IUL illustrations
Roughly 18 months after new regulations meant to tighten up indexed universal life illustrations took effect, insurers are using “gamesmanship” to make a mockery of new rules, say two leading insurance product experts.
As inflation hits 40-year high of 8.6%, experts look ahead
The US said Friday the Consumer Price Index, the measure of the average change over time in prices paid by urban consumers for a market basket of goods and services, rose to 8.6%, a level not seen since Ronald Regan was president and Michael Jackson was singing “Billie Jean.”