Fourth quarter sales 2015 of fixed indexed annuities (FIAs) soared to a record $15.5 billion. This marks a 30 percent increase compared with the year-ago period.
Use of traditional 403(b) defined contribution retirement plans continues to decline among higher education institutions. What does it mean for insurance companies?
Bradford Campbell, former assistant secretary of the Department of Labor, said the agency acted ‘arbitrary and capricious’ with some of its fiduciary rule decisions.
Each year, about 80 RIA firms should be swallowed up by M&A activity. Every year during which the 80 or so RIAs aren’t sold means an increasing backlog and more supply, one analyst said.
The Department of Labor says investors will benefit from its fiduciary rule. How is the decision to ban commissions working out for consumers in the United Kingdom?
A new NAIFA survey of advisors reveals a beginner’s comfort level with technology. Advisors need to incorporate more technology in their businesses if they are to remain competitive, an analyst says.
If the Department of Labor is soliciting study data on retirement saving habits, Republican senators say, then it shouldn’t be moving forward with a fiduciary rule.
A new survey reveals trepidation among Gen Xers when it comes to retirement preparedness. Just 8 percent of Gen Xers have enough saved to support themselves in retirement.
With its decision to maintain MetLife’s systemically important financial institution (SIFI) designation, federal regulators signal their intention to keep up the pressure on big insurance carriers and other financial institutions.
Mergers and acquisitions involving registered investment advisors more than doubled from 2013 to 2015, according to a new report. Activity indicates confidence on the independent model, analysts say.
Americans have a lack of confidence in the economy following the Federal Reserve’s interest rate hike and a rocky start to the year in global financial markets.
More money each year is flowing into the independent channel compared with the captive advisor channel. Product developers and technology vendors are aware of those assets streaming into the independent advisor market.