Broker/dealer revenues continue to face headwinds as advisors escalate their preferences for passive products, avoiding the revenue-sharing payments that asset managers have depended on for so long.
Press Release
VA sales slump to lowest level in 25+ years, Wink Inc. reports
Wink Inc. reported deferred annuity sales in both the fourth quarter, and in all of 2022, were the greatest they have been since Wink began tracking sales of the product in 2015. However, the news for variable annuities was not so good.
A study found 2022 fines and restitution decreased significantly compared with 2021, in large part because of one record-breaking fine FINRA ordered in 2021 against an online brokerage firm. Additionally, the number of disciplinary actions declined for the third year in a row.
Vehicle theft data indicates more than 250,000 thefts were reported in the fourth quarter of 2022 alone.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for February. The actions are…
6 in 10 women believe we are in or approaching a financial crisis
With concerns about market conditions top of mind, unease about retirement is up among women investors
The North American Securities Administrators Association (NASAA) and the U.S. Securities and Exchange Commission (SEC) recently announced that a settlement…
Transamerica announced the availability of new benefit riders with its employer-offered hospital indemnity insurance to help workers financially when they experience a hospital stay.
The Insured Retirement Institute released its 2023 Federal Retirement Security Blueprint detailing the association’s federal legislative and regulatory public policy agenda.
Less than half (49%) of U.S. workers are aware of a tax credit that may help them save for retirement and lower their tax bill.
Brokers are adding innovative products and services due to various market forces, which include rising health care costs (81%), competition from other brokers (50%), and increased demand for price transparency (48%).
A new research report by the Employee Benefit Research Institute found that most accountholders use their HSAs to pay for current expenses and do not take complete advantage of the tax benefits HSAs offer.
The new enhancements are designed to provide clients with partial protection against market volatility along with the opportunity to capture upside market potential up to a cap.
Societal headwinds undermine women’s retirement security
A report from the Transamerica Center for Retirement Studies examines the retirement-related risks for women in the workforce
A new research report from the Employee Benefit Research Institute (EBRI) that examined conditions that might lead employers to offload provisions of health benefits found employers often view themselves as “paternalistic” and wished to make it easier for their workers to get affordable health coverage.
John Hancock announced it will expand access to GRAIL’s Galleri multi-cancer early detection test to eligible life insurance customers participating in the John Hancock Vitality PLUS program.
As the American populace grows older, financial planners will need to address the increasing financial impact felt by older Americans and their families.
Half of institutional investors fear rate rises will trigger a liquidity crisis, while nearly three in 10 think equity markets could fall up to 20% this year, new research shows.
The partnership between FINEOS and Empathy will equip life insurance carriers with the technologies and services they need to comprehensive support to their customers.
If current market conditions hold, fixed annuities, fixed indexed annuities, and registered index-linked annuities are predicted to compete more fiercely with one another during the next five years, according to Cerulli.
