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RIA Mergers Plunge in Q3 as DOL Rule Delayed

November 8, 2017

Merger and acquisitions among registered investment advisors fell sharply in the third quarter as advisors see less reason to merge in the wake of an 18-month delay of the Department of Labor fiduciary rule.

Exclusive

Judge Rules Against DOL Fiduciary Rule, Grants Stay

November 8, 2017

A Minnesota federal judge granted a preliminary injunction to Thrivent Financial in its legal challenge of the Labor Department’s fiduciary rule. But judge also granted DOL request for a stay in the case.

Exclusive

Talking Tax Reform: Are 401(k) Contributions Fair Game?

November 7, 2017

Republican tax reform proponents suggested they might cap pretax contributions to 401(k) plans in order to raise revenue. While that idea is off the table for now, it could always return. Some advisors are split on the concept.

Fee-Based Annuity Sales on the Rise at Lincoln

November 7, 2017

Lincoln’s third-quarter fee-based annuity sales nearly matched the total sales for all of 2016, CEO Dennis R. Glass said. Are advisors and consumers warming up to fee-based products, or are sales figures just a reaction to tighter regulations?

Exclusive

The DOL’s Fiduciary Ping Pong Game

November 7, 2017

Agents/advisors should be aware by now that the Department of Labor fiduciary rule took effect June 9, our Kim O’Brien writes. What does it mean for sales of financial products going forward?

Exclusive

Use Open Enrollment To Close The Life Insurance Gap

November 7, 2017

Here is how you can address employees’ four main objections to buying group life insurance.

Exclusive

How Paid Family Leave Helps Employers Win The Fight For Top Talent

November 6, 2017

For multigenerational workforces, the want and need for paid family leave is great. Here is what your employer clients need to know.

Exclusive

To Open Enrollment And Beyond! How Brokers Can Partner With Employers

November 6, 2017

Brokers have an opportunity to help their clients’ human resources departments empower employees to be smarter health care shoppers.

Exclusive

DOL Delay Loosens Vise On Annuities

November 6, 2017

An 18-month delay in implementing key parts of the Department of Labor (DOL) fiduciary rule has eased its vise-like grip on insurers and annuity distributors, insurance company executives told analysts.

Exclusive

The Heat Is On In The Hybrid Annuity Market

November 3, 2017

Competition in the fast-growing hybrid annuity market is about to get fierce, according to one carrier’s CEO.

November 3, 2017

Voya To Launch Buffer Annuity Early Next Year

Voya is preparing to launch a hybrid, or buffer, annuity in the new year as the company seeks to take advantage of growth in a sparsely-populated niche of the annuity market, a company executive said.

Trump To Nominate Jerome Powell As Federal Reserve Chairman

November 2, 2017

President Donald Trump announced that he will nominate Federal Reserve Governor Jerome Powell to be chairman of the central bank.

Insurers Would Feel Impact of GOP Tax Reform

November 2, 2017

Insurers are taking a cautious view of the GOP tax reform package released today. The tax plan represents historic changes to the tax code long favored by Republicans.

Exclusive

18-Month DOL Rule Delay One Step Closer

November 2, 2017

The Office of Management and Budget has the final documents to delay the Department of Labor fiduciary rule by 18 months. When published, which could happen in days, the class action right to sue will be pushed out until July 1, 2019.

Exclusive

Earnings Update Favorable for Life Insurers

November 1, 2017

The industry’s largest life insurers are expected to report third-quarter earnings today. Morgan Stanley analyst Nigel Dally offers a rundown on what to expect from an insurance product perspective.

Bronze Could Be The Silver Lining In ACA Plans

November 1, 2017

Through a combination of presidential decisions, insurance company reactions and Affordable Care Act regulations, it has never been easier for consumers to purchase zero-premium bronze plans, if consumers qualify.

Insurers Caught in Hurricane Losses

October 31, 2017

In response to hurricanes this year, iinsurers extended due dates for policy premiums by up to two months for policyholders in declared disaster areas. The extensions kept policies in-force even if the companies aren’t collecting premium.

Exclusive

‘Critical’ to Market Beyond TV Audiences: Colonial Penn Exec

October 31, 2017

Colonial Penn will continue to expand marketing initiatives beyond television, executives said recently. The costly ad medium isn’t in line with where customers will be in the coming years, the company said.

October 31, 2017
Exclusive

Trump Wants States To Define Essential Benefits, Lower MLR

New regulations could give states more flexibility in defining “essential health benefits” that insurers must provide under the Affordable Care Act.

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