Nearly half of the inquiries from advisors for an annuity quote involved a return of premium option, according to Cannex.
Nationwide is offering fee-based advisors a hub to manage annuities the company sells. The site, hosted by Nationwide Advisory Solutions,…
NAIC Comments Show Increasing Opposition to Best Interest Model Law
The National Association of Insurance Commissioners’ second public comment period on its best-interest model law for annuity transactions yielded plenty of suggestions. Critics urged the NAIC to tread lightly and not rush the regulation.
When you are genuine and focus on serving clients, you will unlock their greatest potential.
The federal government decided against appealing the Fifth Circuit Court of Appeals decision tossing out the Department of Labor fiduciary rule. The Trump administration opposed the Obama-era rule from day one.
The global market selloff is sounding alarms for many investors who fear a bear market. But while experts say that could happen, indicators are not pointing toward anything but continued market growth at the present time.
As part of your strategy for Disability Insurance Awareness Month this year, consider how you can connect with women about making their income protection needs a priority. Here are a few ways you can bring up the need for IDI with them.
Commenters favor a tougher fiduciary type standard for brokers in initial feedback received by the Securities and Exchange Commission. The SEC’s Regulation Best Interest was released April 18 to mixed reviews.
Workers want advisors to help them plan for rising health care costs and long-term care needs, a new survey found. Many workers give their own advisor high marks for planning.
Employees are interested in annuities and might need that guaranteed source of income as the first wave of workers lacking company pensions moves closer to retirement. A new survey reveals shifting attitudes.
Millennials want to hear more than just ‘pay debt, save money and plan for retirement’ from their financial advisors. Retaining those valuable young clients means listening to what they want, experts say.
Wells Fargo is the target of a Department of Labor probe on whether the bank has been pushing its customers to take their money out of low-cost corporate 401(k) plans and roll their holdings into more expensive individual retirement accounts at the bank, The Wall Street Journal reported.
AARP is not giving up on its fight to restore the Department of Labor fiduciary rule. The lobbying group will file an appeal to keep the rule, which was tossed out by a New Orleans court last month.
Long-term care insurance claims originating from people in assisted living facilities is on the rise, according to new data.
Variable annuities continued a long slide in 2017, but Morningstar is finding hope in several factors this year. The downed Department of Labor fiduciary rule and rising interest rates are key.
First-quarter RIA mergers and acquisitions rocketed to a record 47 deals, bouncing back from 33 deals in the fourth quarter, according to new data.
NAIFA Must Become Nimble, CEO Says
NAIFA needs to adapt and become more nimble in order to reverse membership losses that go back decades, CEO Kevin Mayeux told the Pennsylvania chapter Monday.
A leading annuity expert lays out four reasons why annuity sales will be bouncing back in a big-time way in 2018 and ahead. Market conditions and reasonable regulation are the two main themes.
Jackson National is adding staff to grow its financial advisor distribution of fee-based variable annuities.