The financial outlook for many Americans does not appear to be bright, as many continue to cope with high inflation and financial worries. In fact, more Americans say their financial situation is worse than it was a year ago – and don’t expect it to improve in 2023, according to a recent study.
Rising rates have been largely favorable for U.S. life insurer investment portfolios, driving higher investment income as reinvestment rates exceed book yields, helping to mitigate macroeconomic headwinds, market volatility and the heightened probability of mild recession in 2023, Fitch Ratings says.
RetireOne and Nationwide are teaming up to expand the distribution of Nationwide’s advisory annuity products, allowing Nationwide to reach new markets.
During a recent EBRI Retirement Summit in Washington, D.C., U.S. Senators Ben Cardin (D-MD) and Rob Portman (R-OH) received the 2021 Ray Lillywhite Award for their lifetime work in enhancing Americans’ economic and retirement security.
The life insurance and financial services industries started 2022 with so much promise. What happened and what’s in store for 2023? Two experts from Conning break it down.
Did spending more time at home spur a desire for homeowners to better understand their coverages? A survey says yes.
The most dangerous day to drive this month is expected to be Dec. 16, according to a predictive analysis of Nationwide claims data.
More Americans say their financial situation is worse than a year ago and don’t expect it to improve in 2023, according to the New Year’s Resolutions Study from Allianz Life.
Federal Reserve officials ended the most inflationary period in nearly 40 years with yet another rate increase, which, at 50 basis points, was a more modest change compared to its previous four consecutive 75-basis-point hikes, and presented a mildly optimistic outlook for the coming year.
While most Americans understand the importance of talking about grief, people are growing tired of discussing death and loss, according to new research from the New York Life Foundation, released today.
Our January 11 webinar will cover the trends in annuity regulation and highlight what to look for in the coming months. Our guests Jason Steeno and Pamela M. Heinrich bring a wealth of experience in financial services and regulatory insights.
The DOL independent contractor proposal would make it harder for companies to treat workers as independent contractors, potentially upending several industries, including financial services.
Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox announced today that an Oakland County woman charged with…
The 2022 Trends report counted two main strategies as sustainable investing: ESG incorporation–applying various ESG criteria in investment decision-making and portfolio construction–and filing shareholder resolutions on ESG issues.
A study by J.D. Power found that mobile apps have become the first resources investors consult to review their portfolios, make transactions, and conduct research. The trend is particularly noticeable among younger investors.
More than half of current retirees aged 62 to 75 surveyed say they have retired from their jobs earlier than planned, according to EBRI’s 2022 Spending in Retirement Survey.
A pair of California court rulings means insurers must be diligent in complying with lapse protection statues before terminating policies for nonpayment.
More than two-thirds of American investors (67%) feel like their financial safety net has been taken away from them as a result of the events of 2022, up drastically from 47% of people who said so one year ago.
As the end of the year approaches, it’s easy for our clients to become distracted by the events of the last year rather than looking ahead to the possibilities the new year could bring.
