Author Archives: Jeffrey Berson

There is a popular saying “the customer is always right” – in fact some very successful corporations base their whole business model around that concept. But those of us in the financial arena who deal with clients everyday know that … Continue reading →

FACC files Comment Letter opposing Best Interest Rule saying it is too subjective Provides guidance on building objective process We oppose applying a security industry “best interest” standard to fixed annuities.   We remain steadfast in our position the fixed annuity … Continue reading →

LTC may cost more than clients think Regardless of where you practice, the costs of long-term care are staggering and will likely continue to rise. On average, respondents from a recent survey underestimated the annual cost of a private room … Continue reading →

Marketing is expensive. And when you’re a new in the business adding another expense line item can feel like a ton of bricks weighing you down. From digital promotion to advertisements, getting the word out that you are in business … Continue reading →

A GUEST ARTICLE BY KIM OBRIEN As the National Association of Insurance Commissioners considers amending the model suitability regulation, and as the U.S. Securities and Exchange Commission considers adoption of a parallel best interest proposal, the FACC Campaign finds certain … Continue reading →

Myth 1: Your Expenses Will Suddenly Decrease Removing your commuting, work wardrobe and business-related travel and dining costs could reduce some of the expenses to which you’ve grown accustomed, but your retirement expenses ultimately depend on the lifestyle you pursue once you … Continue reading →

Genworth Suspends All Individual Long Term Care Insurance and Income Assurance Annuity Sales Through the BGA Channel Effective Monday, March 11, 2019, Genworth will temporarily suspend sales of individual long term care insurance and the Income Assurance annuity through the … Continue reading →