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Karim Hill To Lead The American College’s Center For Economic Empowerment And Equality

February 11, 2021

KING OF PRUSSIA, PA – February 11, 2020 – George Nichols III, President and CEO at The American College of…

More Black Americans Changed Their Money Habits As A Result Of COVID-19

February 11, 2021

Radnor, Pa., Feb. 9, 2021 – The pandemic continues to create financial challenges for all Americans, but research from Lincoln…

Interest In Individual Exchanges Is Top Health Care Trend For 2021

February 10, 2021

Employer-based coverage will continue to dominate the health insurance landscape in 2021. But the individual health care exchange could gain ground as more workers become freelancers and independent contractors. That was one of 10 trends in health insurance and voluntary benefits discussed during a recent webinar by Aite Group.

SEC Advertising Rules: What Did They Change?

February 10, 2021

The Securities and Exchange Commission released the first proposed changes in the rules affecting advisor advertising in 40 years. But what did they change?

FPA Members Increased One-On-One Pro Bono Engagements By 7% In 2020

February 10, 2021

DENVER (February 10, 2021) – The COVID-19 pandemic made the delivery of in-person pro bono financial planning services difficult in…

Nationwide Partners With Annexus On Lifetime Income Builder

February 9, 2021

COLUMBUS, Ohio – Nationwide and Annexus Retirement Solutions today announced that they have partnered to bring to market Lifetime Income…

MDRT Revises Production Requirements For 2021

February 9, 2021

PARK RIDGE, Ill. (Feb. 9, 2021) — Throughout its nearly 100-year history, MDRT has evolved alongside the financial services profession,…

Life Insurance Activity Growing ‘Steady’ So Far In 2021: MIB

February 9, 2021

Life insurance application activity continues to grow at a steady pace early in 2021, with year-over-year activity up 3.9%, according to the January MIB Life Index. Growth was largely driven by the 31-50 age group, up 8.5%, MIP reported, while older age groups age 61+ declined year over year.

Thermostat Or Thermometer? What Is Your Team’s Culture?

February 9, 2021

Here are four ways to calibrate your team’s culture and help your clients find success.

Conning’s High Dividend Equity Strategy Continues To Serve Institutional Investors Well

February 9, 2021

HARTFORD, CT – February 9, 2021 – According to Conning, high dividend equity strategies can serve institutional investors in this…

February 9, 2021

Consumers Want Financial Advice, Not Necessarily From Advisors

Fewer consumers report consulting financial professionals in 2020 vs. 2019, according to research from Hearts & Wallets. Bank and insurance reps show the biggest decline, a 10-point drop, in consumers turning to them as sources for investment information and advice.

Use HSAs To Maintain The Health-Wealth Connection

February 8, 2021

According to estimates from recordkeepers and employee benefit research organizations, the average retired couple will spend over a quarter million dollars for healthcare and medical expenses in retirement.

P/C Insurers’ Income Plunged 27.5% In First 9 Months Of 2020

February 8, 2021

JERSEY CITY, N.J., February 8, 2021 — In the first nine months of 2020, the private U.S. property and casualty…

Cetera Acquires Voya Advisors, $40B In Assets

February 8, 2021

Cetera announced a deal today to acquire certain assets related to the independent financial planning channel of Voya Financial Advisors (VFA).

Northwestern Mutual To Pay Vermont $287K For Policy Underpayments

February 8, 2021

Under the terms of the settlement, Northwestern Mutual will pay a $287,000 administrative penalty and will be required to report quarterly to the Department on its claims payments for the next two years.

February 5, 2021

Prudential Pivots Away From Annuities, CEO Lowery Says

Prudential plans to halve the share annuities contribute to its earnings, a downsizing the insurer aims to accomplish through sales, reinsurance deals and expiring policies. Charles Lowrey, chairman and CEO, said the company strategy is centered on Prudential’s $750 million cost savings plan.

Biden Pushes $1.9T Package, Saying ‘Economy Is Still In Trouble’

February 5, 2021

Meanwhile, House Democrats are hustling to pass the American Rescue Plan with few changes, including $1,400 direct checks to unaffluent Americans, along with other expansions of aid.

COVID Deaths, Product Shift Slow Lincoln Financial In 4Q

February 4, 2021

Lincoln accelerated its shift from fixed to variable products over the past year, one of the moves that helped shore up the company’s bottom line. Revenues grew in the fourth quarter, executives said this morning. Still, COVID-19 deaths put a dent in company earnings for the quarter.

February 3, 2021
Kansas City Chiefs' head coach Andy Reid after winning the Super Bowl last year. The Chiefs go for two straight Sunday.

Should Investors Root For Tom Brady Or Pat Mahomes?

The Super Bowl Indicator suggests stocks rise for the full year when the Super Bowl winner has come from the original National Football League (now the NFC), but when an original American Football League (now the AFC) team has won, stocks fall. What does that mean for Sunday’s game?

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