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ACA Replacement? Not So Fast

February 6, 2017

A replacement plan for the Affordable Care Act could take longer than originally suggested, President Donald J. Trump said

Exclusive

MetLife on Track for Brighthouse Spinoff in First Half

February 6, 2017

MetLife reports depressed 4Q earnings, but remains on track to spin off Brighthouse Financial, its huge U.S. retail life and annuity distributor, in the first half of 2017.

Fiduciary Rule Still On; Trump Fails to Order Delay

February 6, 2017

Trump memo fails to order specific delay the Department of Labor fiduciary rule. Language ordering a six-month delay removed from final version of memo signed Friday.

Exclusive

Caution Urged in Wake of DOL Rule Reprieve

February 3, 2017

Agents and financial advisors should proceed with caution in the wake of President Donald J. Trump’s suspension of a fiduciary advice rule for retirement investors, distributers said Friday.

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Trump Order on DOL Rule: What It Means

February 3, 2017

UPDATE: President Trump fails to order delay at the last minute The executive order signed by President Donald J. Trump…

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GOP, Trump Taxes Ding Texas, Boost Rich Investors

February 3, 2017

The Trump Administration and the Republican-controlled Congress could bring about major changes in tax law and, if passed, Texas would…

Trump Signs Order Pausing DOL Rule; Reaction Swift

February 3, 2017

President Donald J. Trump has signed an executive order delaying the Department of Labor fiduciary rule. We have collected a few reactions from some key players in this nearly two-year fight.

February 3, 2017
President Donald Trump did not quite achieve his goal of repealing the Affordable Care Act.

Trump to Delay DOL Fiduciary Rule Today

President Donald J. Trump is expected to sign orders today to delay the controversial Department of Labor fiduciary rule and review the 2010 Dodd-Frank legislation. Will Republicans be able to overhaul regulation of financial services?

Exclusive

Rep. Sessions Asks Trump to Delay DOL Rule

February 2, 2017

Rep. Pete Sessions, R-Texas, sends a letter to President Donald J. Trump asking for an immediate delay in the Department of Labor fiduciary rule. The rule is slated to take effect April 10.

Dallas Judge to Decide by Next Week on DOL Rule

February 2, 2017

Judge Barbara M.G. Lynn will rule by the end of next week on the controversial Department of Labor fiduciary rule. Opponents are optimistic for a ruling that kills the rule, which is slated to begin taking effect April 10.

Exclusive

ICE the BICE so Americans can SAVE!

February 2, 2017

Thousands of financial and insurance services businesses may decide against advising consumers about the safety and protection of qualified annuities if the DOL rule is implemented as it is written. Our Kim O’Brien talks about the biggest problems.

Advisors In a Showdown with the Robos: Analysts

February 2, 2017

Advisors had better be prepared to explain their revenue models, their fees and the value they provide in order to defend their piece of the investment market, analysts say. Online advice models continue to grab a bigger share of AUM.

Exclusive

Bill Would Change How Medicaid Treats Annuities

February 1, 2017

Legislator says too many people are shielding assets from Medicaid examiners by purchasing annuities. Bill would tighten the annuity exclusions.

Principal: We’ll Be Ready For DOL Rule By April

February 1, 2017

Principal Financial CEO says the company will be ready to comply with the Department of Labor fiduciary rule on April 10. The rule will cost the company about $1 million a month for 18-24 months, and between $5 million to $10 million a year after that, officials have said.

Exclusive

The Secret Sauce For Health Care Reform

January 31, 2017

Costs and affordability are the key ingredients in a successful health care law.

4Q Earnings Preview: IMOs, DOL and Rates

January 31, 2017

Fourth-quarter earnings season is expected to offer a preview on how life insurance and other annuity sellers plan to position annuity products in the face of new regulations. Can it be done?

Exclusive

Is the RIA Profession In Severe Decline?

January 31, 2017

Registered investment advisors are at a crossroads, with technology putting pressure on advisors to adapt or die, some analysts say.

Life Insurers ‘Like’ Social Media Marketing

January 30, 2017

U.S. life insurers expected to spend about $4.2 billion on advertising this year, up 12 percent. Social media, internet marketing and radio and television notch the largest gains in a new survey.

6-Month DOL Rule Delay Expected Within Days

January 26, 2017

While the Department of Labor fiduciary rule may be delayed, the risk of failure to comply are too great for firms to ignore the rule, two analysts say. At any rate, a future fiduciary standard is likely in some form.

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