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October 14, 2022
Study finds retirement super savers aren't slowed by economic turbulence.

Despite economic volatility, retirement ‘super savers’ stick to priority, study finds

Despite market volatility, high inflation and the threat of a recession, retirement “super savers” continue to making savings a top priority, according to a study by Principal Financial Group.

Upwardly mobile: Why agencies need mobile apps

October 14, 2022

An effective mobile app equips agents and advisors for the fast-paced landscape and high expectations of busy consumers.

October 13, 2022
While inflation rages on, Social Security increase planned

As inflation rages, government counters with 8.7% Social Security increase for 2023

As consumer prices rose 8.2 % for the year through September, the government announced an 8.7% raise in Social Security benefits beginning in January, the biggest bump up since 1981.

October 13, 2022
State regulator group previews possible 'quick fix' to IUL illustration issue

State regulator group previews possible ‘quick fix’ to IUL illustration issue

A state regulator group seeks public comments on three potential “quick fix” concepts to rein in indexed universal life illustrations….

A better option for large depositors: excess deposit bonds

October 13, 2022

Today’s affluent investors are looking for ways to deposit large sums of money without the constraints of a certificate of deposit and beyond the FDIC insured limit. One such option that is growing in popularity for insurers is an excess deposit bond.

October 13, 2022
The "Great Unwinding" seen as significant opportunity for advisors.

The Great Unwinding: The opportunity for brokers

Some who may be in danger of losing coverage when the public health emergency ends will need a broker’s help.

October 12, 2022
ESG investing spurs political response.

ESG investments spur political divide, prompt action

Just as the demand for ESG investments increases, so does the division between those saying it is not living up…

4 ways to help Hispanic Americans close the racial wealth gap

October 12, 2022

Here are some examples of obstacles as well as shared ways we as financial professionals can work with our clients to help overcome these barriers.

4 tips for new financial planners

October 12, 2022

Being a financial planner is one of the most rewarding careers. Not only do you get to make a positive difference in clients’ lives, but you are also often the first person they call with life-changing news.

October 12, 2022
What does 'the restructuring tsunami' mean for annuities?

What does ‘the restructuring tsunami’ mean for annuities?

The emergence of private equity and asset-manager-backed insurance companies is leading to what Conning researchers call “a restructuring tsunami” in the annuity industry.

October 11, 2022
Medicare Advantage plans seen to decrease for 2023 plans.

Medicare Advantage projected annual premium decreases for 2023 plans

As inflation spirals and the price of basic goods and services continues to rise, the cost of one popular program affecting 30 million seniors and people with disabilities – Medicare Advantage – is steadily going down.

Life insurance applications on the wane in 3Q, MIB reports

October 11, 2022

New data from MIB Group reveals good news and bad news regarding life insurance activity. Life insurance applications finished the…

Retirees spending more than they can afford

October 11, 2022

Results from the 2022 Spending in Retirement Survey published today from the Employee Benefit Research Institute found that retirees are spending much higher or a little higher than they can afford in 2022

Only 1/3 of Americans have an estate plan

October 11, 2022

Of those who do have an estate plan, 20% have not updated their plan in the last five years.

NAAIA names Omari Aarons executive director

October 11, 2022

The National African American Insurance Association announced the appointment of Omari Jahi Aarons as its executive director and chief operating officer.

Iowa man pleads guilty to insurance fraud

October 11, 2022

Sang Nguyen, 47, of Des Moines, pled guilty on Oct. 4, 2022, to one count of Insurance Fraud – Application…

October 11, 2022
The Labor Department released a new rule on independent contractors today.
Financial services relies on established independent contractor rules for many agents and brokers.

Biden independent contractor rule has implications for financial services

The new proposal would require that workers be considered a company’s employees, who are entitled to more benefits and legal protections than contractors, when they are “economically dependent” on the company.

Nationwide, HomeZada partnering to help Private Client customers keep track of possessions

October 11, 2022

Dealing with home damage caused by a fire or weather issues is one of the more stressful situations homeowners can deal with. Having a home inventory can help make the process of putting your life back together easier.   

October 11, 2022
Business transfer laws vary greatly
Insurers would like to be freer to move on from old blocks of policies.

Though deals likely to rise, states slow to adopt insurance business transfer laws

Insurance deals are set to rise dramatically, according to the 2022 Global Insurance Run-off Survey released last month by PwC. Ninety-seven percent of respondents estimate similar or greater levels of deal activity in North America, the survey found.

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