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Long-term care services saw the second-highest year-over-year increase in annual median costs since 2004, rising an average 4.5 percent from 2016 to 2017, according to Genworth’s 2017 Cost of Care Survey. That’s nearly three times the 1.7 percent U.S. rate of inflation. ...
Baby Boomers More Optimistic About Retirement
Baby boomers are starting to feel better about their retirement readiness, according to the latest Generations Ahead Study from Allianz Life Insurance Company of North America. The study found that 72 percent of boomers said they feel financially prepared for retirement, up from 57 percent in 2010. ...
Advisors Struggling To Grow Through Referrals
Referrals are one of the best ways to grow a new firm, yet most advisors are finding it challenging to get them. According to a new report published by SEI in collaboration with Absolute Engagement and The Client Driven Practice LLC, only half of investors say they have referred an advisor and less than 5 percent of advisors reported actually receiving referrals from clients. ... |
