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September 25, 2024
Image shows the Security Benefit logo against a court backdrop.
A lawsuit against a Security Benefit annuity is nearly five years old.

‘The court is troubled’: Judge tells Security Benefit, plaintiffs to work faster

It’s been nearly five years since plaintiffs sued Security Benefit Life Insurance Co. over the performance of a proprietary index and companion fixed indexed annuity.

September 24, 2024
Image shows an American flag in the background with a dollar symbol in a ballot box.
Insurers are getting involved in the election via political donations.

Insurers, trade groups seek influence via donations in divisive election

The insurance industry donated more than $60 million during the current 2023-24 election cycle, according to Open Secrets, a nonprofit organization tracking campaign finance and lobbying.

September 24, 2024
Photo illustration of person looking with alarm at a retirement website. Poor-website-design-could-be-hindering-Americans-retirement-planning-study-finds.

Poor website design could be hindering Americans’ retirement planning, study finds

A recent survey found approximately one in five retirement plan websites and mobile apps do not meet client expectations.

September 23, 2024
Image shows an upside down Greg Lindberg and money floating around
A $1.5 million forfeiture ruling went against Greg Lindberg Monday.

Judge grants government $1.5M forfeiture from Greg Lindberg

A federal judge granted the government forfeiture of nearly $1.5 million in funds previously seized from disgraced financier Greg Lindberg after his bribery conviction.

September 23, 2024
Illustration of a wealthy looking individual looking concerned as financial forms and papers swirl around him. Are-all-millionaires-confident-in-their-financial-plans.

Are all millionaires confident in their financial plans?

While nearly half of millionaires surveyed believe their financial plans need improvement, those with financial advisor feel more confident.

September 23, 2024
Image shows the Texas flag and the Department of Labor logo.
The government is appealing a stay of its Retirement Security Rule.

DOL appeals Texas court decision freezing its new fiduciary rule

Department of Justice attorneys filed an appeal Friday in Texas federal court, seeking to overturn a stay of its Retirement Security Rule.

September 23, 2024
Image shows the 777 Partners logo and a man in the darkness.
777 Partners says a former IT worker stole company information.

777 Partners lawsuit: former IT employee stole laptops for lender

777 Partners, the high-profile investment firm at the center of a swirling controversy over missing funds, hit back with its own lawsuit last week.

September 20, 2024
Photo illustration of Greg Lindberg against a backdrop of the Dutch flag and standing in front of a pile of cash. Greg-Lindberg-appeals-166-million-judgment-in-favor-of-Dutch-insurer.

Greg Lindberg appeals judgment awarding $166M to Dutch insurer

Troubled financier Greg Lindberg is appealing a $166 million award to a Dutch insurer in a dispute over solvency capital ratios.

September 20, 2024

Internships and mentorships fuel financial advising careers

Becoming a financial advisor can be challenging, even with a wealth of resources available.

September 20, 2024
Illustration of woman talking to a man with a speech bubble that says: "$$." Women-and-money---know-the-right-language.

Women and money: Learning the right language

Working with women is one of the biggest opportunities financial professionals have today. But they must understand how women view money and know the right language to be a trusted advisor to them.

September 19, 2024
Image shows an arrow pointing up and the company name, American Life.
American Life & Security Corp. has a new fixed-indexed annuity for clients who favor accumulation.

American Life targets accumulation seekers with new FIA

American Life & Security Corp. is feeding that market need for more new products and innovation with the new MaxGrowth FIA.

September 19, 2024
Image of prescription pills scattered across the sky around the U.S. Capitol building. Senate-chair-wants-to-see-PBM-reform-passed-this-year.

Senate chair wants to see PBM reform bill passed this year

The chairman of the Senate Finance Committee doubled down on his commitment to have a pharmacy benefit manager reform bill passed during Congress’ lame duck session later this year.

September 19, 2024
Image shows the AIG logo against a colorful backdrop.
AIG reported a strong second quarter thanks to strong annuity sales.

AIG names Keith Walsh as new chief financial officer

American International Group announced that Keith Walsh will join the company as executive vice president, chief financial officer, effective October…

September 19, 2024
Photo illustration of a consumer considering an in-plan retirement solution against a back drop of $100 bills. Are-consumers-receptive-to-an-in-plan,-retirement-income-solution.

Are consumers receptive to an in-plan, retirement-income solution?

New research reveals how consumer feel about retirement income solutions offered within an employer-sponsored retirement plan.

September 18, 2024
Photo illustration of Donald Trump standing against a backdrop of a damaged auto and a $100 bill. If-elected-could-Trump-cut-auto-insurance-in-half.

If elected, could Trump actually lower auto insurance rates?

Donald Trump has promised to cut auto insurance rates if he’s elected. But how much control does a sitting president have on premiums?

September 18, 2024
Image shows a graphic of a man tossing money in the air.
Sticking with the market through ups and downs can pay off in the end.

Greed, fear, and opportunity in turbulent markets

When the market drops by 5%, 10%, or even 20%, the natural instinct for many investors is to reduce risk, not increase it. This reaction, while understandable, can be detrimental to long-term financial success.

September 18, 2024
Image shows the a building the 0/0
The Federal Reserve is content enough with inflation to cut interest rates.

Insurance experts see good news after Fed cuts rates by a half-point

The Federal Reserve stunned economists today by slashing its benchmark interest rate by a whopping half-point.

September 18, 2024
Photo illustration of a group of Gen Z age people anxiously discussing insurance. Gen-Z-feels-overwhelmed-and-anxious-about-insurance.

Gen Z feels ‘overwhelmed’ and ‘anxious’ about insurance

Generation Z is the newest generation to reach adulthood and the thought of dealing with insurance makes them overwhelmed and anxious.

September 18, 2024

Medicare advisor aims ‘to cut all the clutter’

A Medicare advisor said her biggest job is “to cut all the clutter for clients and give them what they actually need to know.”

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