As more states rush to adopt best-interest annuity sales standards, the Certified Financial Planner Board of Standards is reminding members that it has a higher standard.
After incrementally doubling interest rates to the highest levels in 22 years, the Fed, for the third month in a row, decided to stand pat.
Department of Labor officials potentially previewed its legal strategy during a pointed exchange Wednesday morning over the details of its controversial fiduciary rule proposal.
U.S. Treasury Department to initiate further studies on the need for a federal cyber insurance program or “backstop.”
Medicare premium increases are among the health care costs that advisors must help clients budget for in planning for retirement expenses.
Cigna and Humana are holding off on a possible merger while Cigna focuses on $10 billion buyback.
Department of Labor officials kicked off a two-day public hearing with lavish praise and withering criticism of its polarizing fiduciary rule package.
A strong economy and falling inflation sparked demand for life insurance in mid-2023, and that showed up in LIMRA’s third-quarter individual life premium surveys and estimates.
Life insurance has the power to impact an aging population and its beneficiaries.
A N.Y. lawsuit may have scored a precedent-setting win for policyholders challenging commercial insurers over coverage.
Increased spending and higher credit card balances and making 7 in 10 Americans stressed about their finances this holiday season.
An Oklahoma couple claims they were misled by an advisor and Pacific Life Insurance Co. on a premium financing program to fund a $15 million life insurance policy.
The Department of Labor (DOL) is readying for an avalanche of industry criticism on its fiduciary rule proposal during a two-day public hearing that kicks off Tuesday.
Life Happens has a new executive director as it merges with the National Association of Insurance and Financial Advisors.
The increasing prevalence of fiduciary business models among financial advisors is proving to be a tailwind for commission-free annuities.
Life insurance sales were down across major product categories in the third quarter, Wink, Inc. reported in its quarterly Sales and Market Report.
Iowa Insurance Commissioner Doug Ommen encouraged his colleagues to craft a pointed comment letter to the Department of Labor to set the record straight on its fiduciary proposal.
A coalition of major trade groups is calling for the NASAA to withdraw proposed changes to its business rules, calling them “unnecessary.”
Life insurance application activity was flat in November on a year-over-year comparison. But activity remained up 2.6% year to date, according to the MIB Life Index.
