Steven A. Morelli is a contributing editor for InsuranceNewsNet. He has more than 25 years of experience as a reporter and editor for newspapers and magazines. He was also vice president of communications for an insurance agents’ association. Steve can be reached at [email protected].
Investors seem inclined to build wealth until 45, and then turn to retirement-saving mode, according to a Money Morning survey.
Insurance companies had the best year in a decade but investments slipped in quality, according to the National Association of Insurance Commissioners’ Capital Markets Special Report.
Women already faced a significant gap in their retirement savings before the pandemic put those golden year dreams further out of reach, according to findings from a Harris poll.
Firms that comply with the Securities and Exchange Commission’s Regulation Best Interest standard have a head start on the Department of Labor’s investment advice requirement – but still have a way to go.
First quarter annuity sales show the continued shift from protection-based products to income-based, says Todd Giesing, assistant vice president, SRI Annuity Research.
Treasury Secretary Janet Yellen says a little inflation and interest rate increase would be healthy. A Society of Actuaries report agrees that an interest rate increase would help in retirement security.
The equities market crash in 2020 showed how Americans jumped when they should have stayed in their investments – which variable annuity investors did.
LIMRA CEO David Levenson says record-breaking life applications and strong sales in April indicate that 2021 is poised to turn an outstanding first quarter into a year for the record books.
Instead of settling issues, the latest Department of Labor guidance hints at an ERISA overhaul, Bradford Campbell says during Faegre Drinker’s latest Inside the Beltway webinar.
Planners and advisors say not many clients are asking about ESG investing, but are becoming interested the more clients learn about them.
In an era when regulators are tightening standards around fee transparency and disclosure, it is clear than consumers want clarity and are not finding it, according to the Hearts & Wallets survey.
The Department of Labor is likely to scrutinize sales contests and other incentives under the investment advice rule.
Institutional investors were already anxious about inflation before the consumer price index popped above 4% for the first time since 2008.
“These behaviors make it clear that to achieve sustained growth, insurers cannot rely on global disasters to boost uptake of life insurance,” according to a Deloitte report.
Speaking during a quarterly earnings call, American Equity CEO Anant Bhalla pledges a strong push for fixed index annuities for the rest of 2021.
American Financial is trying to figure out what to do with the billions it will have in excess cash after the sale of the Great American Life Insurance Co. in the second quarter.
Washington’s insurance commissioner calls on all states to ban credit scores, while industry groups say the ban will punish rather than help consumers.
Polls found that Americans are more confident about covering their daily expenses and their ability to handle an emergency, but they also mortgaged some of their future to pay for that security today.
Many wealthy families would be spared in leaving the estate tax exemption as is, but get slammed by the elimination of the step up in basis.
Carriers are betting on a boom following the pandemic bust, so they are expecting to move more of their cash into riskier assets as economic conditions stabilize, according to Goldman Sachs’ 10th annual survey of carriers.
