Some advisors suggest that the defined contribution marketplace is no longer the fat, lucrative place it used to be as retirement plans head for consolidation and commissions drop.
The Securities and Exchange Commission plans to add another 100 compliance inspectors this year.
A circuit court has upheld an insurance company’s suspension of long-term disability benefits after the court found the insurer hadn’t…
A fiduciary standard is a “principles-based” standard, which has no explicit regulations or requirements governing the conduct.
If you don’t do an adequate annual review with your clients, your competitors will.
Although it’s never a good idea to argue politics with clients, advisors can gain valuable insight by understanding their clients’ political leanings.
Although some might see a greater scrutiny on suitability in FINRA’s fine increase, a couple of cases made up much of the total.
Variable annuities aren’t going away anytime soon, but it’s fair to ask if the market is seeing a structural — and perhaps permanent — shift away from variable annuities to alternatives dwelling on the fixed side of aisle.
To get a sense of just how robust sales of fixed indexed annuities (FIAs) have become, it’s worth taking a closer look at the league tables: Most life and annuity carriers in the market posted higher FIA sales last year than they did in 2014.
The Department of Labor and the Securities and Exchange Commission may be working together on proposed fiduciary rules. But that doesn’t mean the two agencies’ rules will be exactly the same.
At issue are cost-of-insurance class action matters that have cropped up in the past 18 months and over which the courts appear divided.
Two types of fixed annuities, immediate and deferred, can be positioned for clients depending on their retirement planning goals.
Two advisors were charged with stealing more than $500,000 from elderly clients.
The Office of Management and Budget has no choice but to return the fiduciary rule on the grounds that the Department of Labor did not do its duty adequately under the rulemaking process.
Spring brings an opportunity for you to help your clients take stock of their benefits offerings and evaluate how ancillary insurance products could help their employees protect what matters most to them.
The Obama administration is racing to issue as many regulations as possible by May 17 or “Regulation Day.” Could the Department of Labor’s fiduciary rule be among them?
A new report offers a broad look at the changes facing life and property casualty carriers in the next few years. Digitization is expected to affect every aspect of the insurance sales process.
The National Association of Health Underwriters (NAHU) wants to expand the market for long-term care insurance by making it easier for working Americans to buy it.
Penn Mutual eschews purchases of block agent forces in favor of its traditional hub-and-spoke model. The company recently added three new offices and is looking to expand further.
