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July 1, 2023

Help clients keep sequence-of-returns risk from sinking their retirement

A well-designed permanent life insurance policy can provide clients with additional confidence and peace of mind.

July 1, 2023

Breaking down the bamboo ceiling

The lack of diversity and inclusion can have serious consequences, not just for Asian American individuals but also for the entire financial planning profession.

July 1, 2023

Want to attract young clients? Learn to speak emoji 🧠 😃 💸

I’m a boomer. My generation didn’t use emojis. At least, not the online kind. About the closest we came to them were icons that we all recognized that were used in graffiti or on flags.

July 1, 2023

Help clients turn their investment properties into retirement income

Guide your clients when they are unsure of what to do with the wealth generated by their real estate investments.

July 1, 2023

Are fees better than commissions?

There is room for both fees and commissions if we want more people to have access to holistic financial advice.

July 1, 2023

How to get compensated with introductions

You deserve to be paid for the value you create for clients.

June 30, 2023
photo shows outgoing Big I CEO Bob Rusbuldt and the association's logo
Bob Rusbuldt is out at The Big I after controversial remarks at an April conference.

The Big I apologies, banishes CEO, in wake of Jesse Watters’s remarks

CNN reported a simmering controversy over remarks made by Fox News personality Jesse Watters during an April conference of the Independent Insurance Agents and Brokers of America.

June 30, 2023
Image of home flood, showing interior, with furniture floating. 'Normal' hurricane season predicated, though record claims always a risk.

Hurricane prediction for ‘normal’ season doesn’t calm damage fears

Forecasters and meteorologists are sticking with their general hurricane prediction that the 2023-24 season will probably be a “normal” one, though damage is impossible to predict.

June 29, 2023
long-term care

Long-term care: Washington state’s payroll tax takes effect July 1

Washington state is the first to enact a payroll tax to pay for long-term care. Could some other states be far behind?

Industry numbers show growing life settlement market

June 29, 2023

The life settlement market has shown consistent expansion, with 2022 demonstrating a strong rebound after a brief COVID induced slowdown…

June 29, 2023

Don’t overlook the LGBTQ+ population

The LGBTQ+ community has been the subject of recent legislation and executive orders that shed light on this population segment’s financial planning and insurance challenges.

June 29, 2023
Image shows a cartoon man in a vise
Insurance adjusters say they are working longer for less pay and less authority.

Insurance adjusters battle low pay, long hours, declining authority, trade groups say

Compensation, working conditions, dwindling responsibility and increased regulations are all thorny issues for insurance adjusters.

June 28, 2023
State legislators want federal regulators to stay out of insurance issues.

State legislators to IRS: Stay out of the insurance business

The National Council of Insurance Legislators is not happy with a proposed federal regulation to crack down on micro-captive insurance companies.

June 27, 2023
Image shows money with the Brookfield and American Equity logos overlayed.
Brookfield Reinsurance is closer to fully acquiring American Equity.

‘Business as usual’ if Brookfield Reinsurance acquires American Equity

Brookfield Reinsurance unveiled details this morning of its offer to acquire partner American Equity, a major seller of fixed annuities.

June 27, 2023
Image shows Jeffrey Cutter beside the SEC logo
The SEC is pursuing enforcement of an advisor for selling allegedly improper annuity replacements.

SEC accused of ‘overreach’ with complaint targeting annuity sales

A fraud case against a Massachusetts advisor has many in the annuity industry concerned about federal regulatory overreach.

June 26, 2023
Image shows a judge's gavel over an old California flag design
The California Assembly appears ready to pass an annuity sales regulation update.

California’s annuity sales update on track after trade groups sign off

An annuity sales bill updating California’s suitability standard is expected to be presented Wednesday to the state Assembly Committee on Insurance.

June 26, 2023
Image of a well-dressed person next to a large number "9" made out of gold coins. 9 reasons wealthy clients should reconsider self-funding long-term care.

9 reasons wealthy clients should consider LTCi

Although some high-net-worth individuals might want to self-fund their long-term-care needs instead of buying a long-term care insurance policy, self-funding is not always their best option.

June 26, 2023
Image shows a judge pounding a gavel
Lincoln Financial and nine plaintiffs suing the insurer have been ordered to find an acceptable mediator.

Lincoln ordered to mediate FIA illustration lawsuit filed by former agent

A Texas judge ordered Lincoln Financial and nine plaintiffs suing over fixed indexed annuity performance to agree on a mediator.

June 23, 2023
Image of open book with the words "Other Post Employment Benefits" written in marker. Poor funding for OPEBs may lead to crisis.

Poor funding for OPEBs may lead to crisis

According to Pew Charitable Trusts, states collectively reported $749 billion in OPEB liabilities with only about $69 billion in assets to pay for them, possibly setting up a crisis situation.

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