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SEC Takes Aim At Cybersecurity For Investment Advisors

March 17, 2015

The Securities and Exchange Commission (SEC) plans to continue its targeted examination of the cybersecurity processes of registered investment advisors this year, an agency official said at a recent conference…

NAIC Announces New Scrutiny On Captives

March 17, 2015

The National Association of Insurance Commissioners (NAIC) said that it is “now turning its sights” to the use of captives by insurers in their variable annuity (VA) businesses…

Two Conflicting Studies Cited In Fiduciary Issue

March 16, 2015

The White House used flawed economic reasoning to justify tightening the rules governing the investment advice provided to owners of retirement accounts, according to a study…

SEC Must Prioritize Investor Protection, Consumer Groups Say

March 13, 2015

Eight consumer groups are demanding that the Securities and Exchange Commission (SEC) prioritize its investor protection mission, including implementation of a uniform fiduciary standard on sale of investment products…

Senate Committee Examines Retirement Readiness Issues

March 12, 2015

An NBC financial editor spoke out in favor of annuities while a U.S. Senator ripped into the financial advice industry…

Exclusive

Life Settlement’s Benefits Often Are Misunderstood

March 11, 2015

Like every investment being considered by a financial advisor, the life settlement option must pass the “does it make sense for the client” test…

Exclusive

Big Data Offers Opportunities, But Has Limitations

March 11, 2015

Big data provides many opportunities to qualify prospects more easily and speed up the sales process. But there are still limitations to much of the information that insurance and financial professionals have at their fingertips…

Exclusive

Obesity And Weight Loss: Are Insurers Responsible?

March 10, 2015

Should insurers be responsible for Americans’ personal weight loss? The answers are more involved than you think…

Interest Rates Sap Insurance M&A

March 10, 2015

Mergers and acquisitions in 2014 had a decrease of about 30 percent from 2013…

Exclusive

MetLife Experiments With Faster Application Procedures

March 10, 2015

MetLife has introduced a program that shortens application and underwriting procedures for its Whole Life Select 10 life insurance product. This is a move designed to appeal to applicants as well as advisors looking to sell more policies….

Exclusive

Carriers Pressured To Upgrade Tech Infrastructure

March 10, 2015

The top concerns among agents are illustration and needs calculations, policy inquiries, group changes and group-level reporting metrics, according to a report…

Exclusive

CEO: Congress, Not States, Must Patch ACA Subsidies

March 5, 2015

One industry expert said that a number of questions need to be answered if the Supreme Court rules against the legality of federal health care subsidies…

Exclusive

Kennedy Quizzes ACA Challengers

March 4, 2015

One of the swing votes on the court could be leaning in favor of keeping the subsidies, according to one observer…

March 3, 2015

ACA Enrollment Year 2: The Squeeze is On

Higher out-of-pocket costs are zinging consumers and lower commissions are slamming advisors. WHERE IS THE AFFORDABLE PART OF THE ACA?

Exclusive

Former AIG Chief Dies Of Cancer At 70

February 27, 2015

Robert Benmosche took the reins of AIG in August 2009, after an emergency takeover by the federal government…

February 27, 2015

How to Be a Whaler: Outfitting Yourself to Land the Big Cases

An interview with Frank Kern He’s the self-proclaimed “King of the Internet,” having sold millions of dollars’ worth of products

February 27, 2015

NAIFA Taps Reserve for Deficit as It Fights Against Membership Decline

The National Association of Insurance and Financial Advisors (NAIFA) looks to the ranks of independent advisors as one way to

Exclusive

If You Like Your Annuity, You Can Keep Your Annuity!

February 26, 2015

If you don’t think the fiduciary rule is a backdoor attack on annuities, just wait!

February 26, 2015
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When 911 Doesn’t Work for the ACA

Exclusive

Technology: Let’s Tear Down The Walls

February 24, 2015

Our industry has put blinders on when it comes to creating a fluid experience for customers…

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