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December 9, 2021

A Diverse Workforce Isn’t Always What You Think It Is

When we think of diversity, we usually think of people who are of a different racial or ethnic background from us. But diversity comes in many forms, a multicultural marketing expert said, defining it as “any way you are different from me.”

December 8, 2021

Overcoming Barriers to Life Insurance Sales

Dick Weber discusses how state and federal regulation efforts that will affect the sale of insurance products, and how the existence of these rules could even impact those who aren’t directly under those rules!

Wisconsin Publishes Recent Enforcement Actions

December 8, 2021

The Wisconsin Office of the Commissioner of Insurance this week announced administrative actions it has taken against individuals and businesses….

As Build Back Better Moves Forward, Taxes Top Concern for Investors

December 7, 2021

Columbus, OH—December 7, 2021—Debate around the current presidential administration’s proposed reconciliation package has investors, particularly those of high income, bracing…

December 7, 2021
Many Americans say they are thinking differently about financial planning and are open to financial planning advice.

Strong Interest In Auto IRAs, But Will They Gain Traction?

Programs to help fill the widening retirement savings gap – particularly among small-business employees, minorities and women – seem to be slowly catching on. But it’s still early to tell whether they will gain significant monetary and acceptance traction across the country, an industry panel said.

December 7, 2021
Student loan debt is impacting even older Americans.

Morningstar Report Revives Debate On 4% Rule

The decades-old “4% rule” is a guideline for determining an annual withdrawal rate that in theory will provide sustainable income over a 30-year retirement period without depleting assets.

Ameritas, BakerHostetler Webinar Will Discuss Potential Tax Code Changes

December 6, 2021

LINCOLN, Nebraska  – Ameritas, in partnership with national law firm BakerHostetler, will host “The Build Back Better Plan: Impact on…

December 3, 2021
Workers surveyed recently say they are happy with their employer benefits
Benefits will likely be a bigger factor in employment decisions in the future, employees say.

Small Businesses Plan To Boost Benefits As Part Of COVID-19 Recovery

More than 50% of small firms said they aim to offer a better benefits package than their competitors to attract and retain talent in the future.

CFA Calls For Strong Regulatory Action In Wake Of Report On Overdraft Charges

December 3, 2021

The Consumer Financial Protection Bureau (CFPB) published research this week on overdraft fees illustrating how reliant banks are on overdraft…

Victoria Grossman Named President Of Wink

December 3, 2021

Wink, Inc., the competitive intelligence firm specialized in providing life insurance and annuity product data to the industry, announced Victoria…

December 2, 2021
As COVID-19 progresses into a third year, how do advisors keep supporting and communicating with clients?

Connecting With Clients During COVID-19: Grandma Was Right

With all things new and unfamiliar, it’s hard to know what to say or do in support of those who need our understanding, support and encouragement.

85% Of Advisors Concerned About Clients’ Income Needs

December 1, 2021

Columbus, OH – With interest rates remaining near historic lows, supply chain and workforce challenges driving continued market uncertainty and inflation…

December 1, 2021
The NAIC executive committee recently approved a new process for long-term care rate review.

SEC Commissioner To VA Sellers: You Must Comply With Reg BI, Too

Speaking last month at the American Law Institute Continuing Legal Education 2021 Conference, Commissioner Allison Herron Lee told life insurance company lawyers that variable annuity issuers will have to comply with the SEC’s Regulation Best Interest.

Life Insurance Outlook Is Stable For 2022 As Recovery Continues

December 1, 2021

The 2022 outlook for the U.S. life insurance sector is stable, reflecting the ongoing, although slower pace of recovery for the economy, Moody’s Investors Service said in a new report.

NCOIL Adopts 3 New Health Model Laws During Annual Meeting

December 1, 2021

Manasquan, NJ: – During the recently concluded 2021 National Council of Insurance Legislators Annual National Meeting in Scottsdale, AZ, NCOIL adopted…

December 1, 2021
Life insurance sales remained strong in 2022.
Indexed life drove record sales for the year.

Life Insurance Premium Up 18% In The Third Quarter, LIMRA Reports

Total life insurance new annualized premium grew 18% in the third quarter, representing the third consecutive quarter of double-digit growth, according to LIMRA.

December 1, 2021
Deferred annuities sold well in the third quarter, despite a decline over 2Q.

3Q Annuity Sales Up Double Digits Over Last Year, Wink Reports

Third-quarter sales for all deferred annuities totaled $59.8 billion, a decrease of 7.1% compared to 2Q and an increase of 10.4% when compared to 3Q 2020, Wink reports.

December 1, 2021

Life Insurers: Lessons From The Past, Looking Toward The Future

COVID-19 made consumers more aware of their mortality and more aware of why they need life insurance. But can the industry keep that momentum going in 2022?

December 1, 2021

VAs Back From The Dead And Rising Fast

Traditional variable annuity products are hot once again, thanks to talk of tax hikes from Washington. Annuity sales in general look strong for 2022, but could renewed regulation cause problems?

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