Literally all avenues remain open to Labor Secretary Alexander Acosta to amend or rewrite the controversial fiduciary rule, analysts say. The rule begins to take effect June 9.
Sales of fixed indexed annuities (FIAs) are expected to be hit the hardest as new regulations and uncertainty among distributors will dampen new sales of individual annuities in 2017. LIMRA’s forecast is for sales of all U.S. individual annuities to drop between 5 percent and 10 percent in 2017.
The Department of Labor’s fiduciary rule will be applied on June 9, but lightly and with a review before the…
The Department of Labor fiduciary rule will begin taking effect as scheduled on June 9 after new Labor Secretary Alexander Acosta declined to delay the rule again.
Small caps have had a rough 2017 to date, but analysts point to several factors that could spur a rebound — among them, tax reform, interest rates and regulation reform. Investors should steer clear for now.
With 100,000 brokers retiring in the next ten years, and half the industry talent age 55 or higher, according to a new report, some in the financial services industry are trying to recruit much younger advisors.
A focus on protection can lead to more life insurance sales.
Industry witnesses joined House Republicans Thursday in calling on President Donald J. Trump to further delay the Department of Labor fiduciary rule. The rule is slated to take effect in two phases: June 9 and Jan. 1, 2018.
The bill will be “dismantled” in the Senate but will never pass the Senate in its entirety, she predicted.
The average time between an agent applying for life insurance coverage and receiving a response has been cut by more than a week, thanks to new technology.
What do you get for the coach who has it all? Term life insurance, of course.
Confusion surrounding the Department of Labor’s fiduciary rule has caused insurance distributors to hold back on specific sales strategies and that could affect annuity sales this year, insurance company executives said.
Each generation has its own subsets with varying benefit needs.
Authorities say two former insurance agents defrauded nearly a dozen life insurers out of more than $300,000 in a massive scheme involving fraudulent life insurance policies.
Whatever happens on the rocky road to health care reform, the states will have a bigger role in implementing it.
A persistent financial advisor can be a client’s best friend when it comes to estate planning. A crucial activity that many clients put off, estate planning requires strong communication and family buy-in, experts say.
Insurance agents and brokers have an opportunity to consider how the legislation could impact the market.
The Centers for Medicare and Medicaid Services (CMS) wants to make it easier for small employers to offer health insurance to their workers, and to promote agent and broker participation in the process.
Allianz Life Insurance sold $1.45 billion worth of hybrid variable annuities last year, the first time the product outsold traditional variable annuities, company execs report.
