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May 30, 2018

NAIC Officials Hope To Hammer Out Best Interest Standard

The National Association of Insurance Commissioners are meeting in Kansas City Thursday and Friday in the hopes of finalizing a best-interest model law. The group hopes to take a model law to the states for adoption.

Annuity 1Q Climbers: Athene, Nationwide, Great American, Pac Life

May 29, 2018

Companies usually associated with variable annuities are moving up the charts on the fixed indexed annuity side of the business. Some are taking routes other than the independent channel to get there.

Agent Commissions Rise For Annuities in 1Q

May 25, 2018

The increase in commissions is not enormous but agents might find the change refreshing after years of declining compensation.

Exclusive

Will RIAs Need To Become Therapists?

May 24, 2018

Younger clients aren’t all about the money, even if they have money. Some say RIAs will need to include personal well-being in their holistic practices.

Exclusive

LIMRA Calls Them ‘Registered Indexed-Linked Annuities’

May 23, 2018

The new variable annuities are not even all variable, but they all carry some level of risk for the investor.

Exclusive

Midterm Elections Reflect Polarized Politics, NAIFA Members Told

May 23, 2018

Members of the National Association of Insurance and Financial Advisors visited Congress as midterm fever sweeps Washington.

LIMRA’s VA Sales Forecast Swings Positive

May 23, 2018

Variable annuity sales are expected to turn positive this year, propelled by the easing of regulation, but also benefiting from the innovation that regulation had inspired.

Exclusive

DOL Fiduciary Rule 99% Dead After Appeal Denied

May 22, 2018

The Fifth Circuit Court of Appeals rejected a final appeal by a trio of states today, clearing the way for the Department of Labor fiduciary rule to be officially killed.

Indexed Annuity Sales Bust Out Of 2018 Gate

May 22, 2018

The almost-dead DOL rule gets much of the credit for the boost in fixed indexed annuity sales in LIMRA’s numbers. But rising interest rates allowing more attractive annuity rates are also cited as helping sales.

Exclusive

Morgan Stanley Sees Negatives In 1Q Life Earnings

May 22, 2018

A Morgan Stanley analyst’s report sees significant strain on the life insurance industry, much of it from long-term care insurance. The report points to rising interest rates and the nearly dead Department of Labor fiduciary rule.

Lincoln Enters the Buffered VA Market

May 22, 2018

Lincoln Financial jumped into a fast-growing segment of the variable annuity market with its first buffered VA. The company’s Level…

NAIFA Members Approve Retooled Local Association Structure

May 22, 2018

In the wake of shrinking membership and difficulty finding local leaders, member of the National Association of Insurance and Financial Advisors voted today to implement a bylaws change affecting the way its 52 state associations and 550 local associations conduct business.

Exclusive

Finding Your Voice: The Art Of The Financial Advisor Podcast

May 22, 2018

Financial advisors have the opportunity to grow their practice and gain name recognition by doing podcasts, either as a host, or a guest. Experts provide a few dos and don’ts for those thinking about it.

Exclusive

Investors Perk Up As Bank CD Rates Near 3 Percent

May 20, 2018

After the Federal Reserve hiked interest rates by 0.25 percent, banks, especially online financial institutions, started to move CD rates up toward 3 percent. Is it enough to move money?

Boomers Need Succession Planning, Principal Says

May 18, 2018

Advisors are getting older and so are their clients. They both probably need to learn about succession planning for a secure retirement. Not only is it a service but also a lot of opportunity that comes with the liquidation of a business.

Buffered Annuities Boost Allianz Sales In 1Q

May 17, 2018

Buffered products helped Allianz level out an otherwise uneven first quarter. The increasingly popular variation of variable annuities is considered “capital-efficient” for insurance companies.

States Ask For Review Of DOL Rule Overturn

May 17, 2018

In a last-minute appeal, California, New York and Oregon are asking the Fifth Circuit Court of Appeals to reconsider its request for a full review of its decision to toss out the Department of Labor fiduciary rule.

May 16, 2018
Exclusive

Money Managers Weigh In On Vexing Morningstar Ratings

Are Morningstar ratings a useful tool for investors, or an overrated tool of the past? Money managers weigh in and say the answer might be a little of both.

Exclusive

Insurers Report Strong 1Q Annuity Sales

May 15, 2018

When the Department of Labor postponed the full implementation of its fiduciary rule, it apparently also opened the gate to more annuity sales. Companies across the board are reporting stronger performance in earnings calls.

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