Annuities are the perfect compliment to Social Security to provide Americans with income that cannot outlive, notes our Kim O’Brien. So why in the Department of Labor trying to squash the products?
Pilot programs for agent retention appear to be working at CNO Financial. The results show up on the company’s recent bottom line.
Performance analysis is not only crucial in the investment process but increasingly critical for solid client communications, a new report finds.
Insurers and distributors will benefit from lowering tax rates and eliminating the estate tax as part of a broader emphasis on encouraging the growth of small and midsize businesses.
Unum Group beat first quarter Wall Street estimates this week with the help of strong sales from supplemental and voluntary segments at Unum US and Colonial Life.
But it was the “agent story” at the company’s Liberty National subsidiary that caught the attention of the Wall Street number crunchers.
More than one out of five workers who accepted a lump sum from their employer-sponsored retirement plan have depleted it, a survey found.
American Equity executives say they remain committed to the independent agent channel and cite market conditions for a dip in fixed indexed annuity sales at the end of last year.
As a general rule, early retirement only makes sense for individuals who have enough saved to cover 70 to 80 percent of their pre-retirement income. For clients who insist, here are a few key areas to cover.
Bank annuity sales in the third quarter reached a record $937 billion, but the other three quarters were among the six smallest quarters in the last five years, a new report finds.
Allianz Life, the nation’s No. 1 seller of fixed indexed annuities, saw its FIA sales more than double over its next closest competitor last year.
The proposal would permit states to get waivers eliminating the community rating provision that prevents insurers from charging higher premiums to people with pre-existing conditions.
Cash-flow analysis is a critical component of the comprehensive financial planning process, yet few advisors are doing it. Why not?
Access to advisors is normally cost-effective and crucial for those saving for retirement, our Kim O’Brien says. But the DOL fiduciary rule threatens to change that.
John Hancock long-term care policyholders will be notified of premium increases of 15-25 percent beginning next week.
DOL Fiduciary Rule Comment Period Closes
Comments were accepted for 15 days on a 60-day delay of the rule, and for 45 days on the rule itself. Now we wait to see what the Department of Labor does next.
HHS Shrinks Open Enrollment Period For Health Coverage
The 2018 open enrollment period will be adjusted to align more closely with open enrollment for Medicare and the private market.
While President Donald J. Trump is cutting funding and resources devoted to environmental study, those policy moves are having little impact on the healthy environmental, social and governance (known as ‘ESG funds’) investment market.
The Department of Labor is accepting public comments on its controversial fiduciary rule through the end of the day Monday. Recent history indicates that public feedback is effective in shaping a final rule.
