A new survey highlights the gap between what Americans say they want to retire and what actions they are taking to meet that lofty goal. Younger people need to commit to saving for retirement, one advisor says.
In 2013, Jackson wrested the lead in variable annuity sales from Prudential. Jackson hasn’t looked back since.
Fidelity & Guaranty Life first quarter fiscal year net income soared 125 percent to $108 million on the strength of life and annuity sales and investment income.
Before recommending a fixed index universal life insurance product to your client, make sure you know exactly what that product offers
Committing to a client-first advisory means meticulous records, strong cyber-security and making sure the client fully understands the investment decisions you are proposing. Our Kim O’Brien explains in her weekly column.
A new medically underwritten single premium immediate annuity by Genworth will be able to model income estimates for agents/advisors. The product is one of a new class of hybrid annuities designed to cover long-term care.
The Department of Labor delayed its controversial fiduciary rule by 60 days, but it a closer look reveals the agency is not backing off the tougher aspects of the rule, a leading law firm states.
Operating income for 15 U.S. publicly traded life insurers declined 10 percent in 2016, a development with far-reaching implications, Fitch Ratings reported.
New survey data finds that roughly two-thirds of investors say they really want good, conflict-free fiduciary advice, yet few are willing to pay extra for it. Can advisors respond to the challenge?
Agents and financial advisors have shown more interest in life-only and cash refund guarantee options available with income annuities in the first quarter compared with this time a year-ago, new data show.
Rising interest rates have helped push payment yields for income annuities to their highest levels in nearly six months.
Sen. Elizabeth Warren, D-Mass., says the 60-day delay in the Department of Labor fiduciary rule will cost investors nearly $4 billion over 30 years. But are her numbers correct? Not even close, one expert says.
Or will it be the other way around?
The percentage of employers outsourcing both short-term disability (STD) and Family Medical Leave Act (FMLA) administration doubled in 2016 compared with two years ago, a new survey found. Insurance companies are among the biggest beneficiaries of this trend.
Pacific Life bested rival Transamerica as the top seller of indexed universal life (IUL) insurance sales in the fourth quarter 2016.
The number of new short-term care insurance claims opened in 2016 rose 23.4 percent compared to 2015, according to new data.
The DOL fiduciary rule might eventually be repealed by President Donald J. Trump’s administration. But advisors are still going to have to change the way they do business, Kim O’Brien says.
The Department of Labor could use the 60-day delay to rework the more controversial aspects of the Obama-authored fiduciary rule, analysts say.
Only 54 percent of boomers have any retirement savings, the lowest percentage recorded in seven years, and Insured Retirement Institute survey revealed.
