Friday, October 19, 2012

4 in 10 Americans...

... have less than $500 in savings.  That is the finding of a new survey.

This quote from the President of the Greater Philadelphia United Way sums up the sad situation:
“It doesn’t shock me, but it does scare me. You know, we often say that the reason so many people fall off the edge in a tough economy is that they’re standing way too close to it, and I think this is a perfect demonstration of that.”

Tuesday, October 9, 2012

"Dangers of Ignoring the Middle Market"

That is the title of an article from LifeHealthPro that deserves a read.  The piece examines the consequences of the Life industry failing to adequately serve the middle class.  Among the risks facing the industry considered by the article are a loss of tax free benefits, losing a generation customers to direct distribution and continued underserved markets.

Good stuff.