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February 22, 2016
Exclusive

More Financial Advisors Are Breaking Away

While average assets under management by breakaway teams have remained consistent for the past two or three years, total assets for all financial advisor teams changing firms were $142 billion last year. Researchers said this represented an increase of from $128 billion in 2014.

Regulation Specter Looms Over Life Insurance

February 19, 2016

Life insurance distribution faces significant threats from a variety of regulatory angles, a new report states. Local, state and federal regulators are all in the picture.

Dear Client: You’ve Got Email

February 17, 2016

A new study of insurance agents and brokers finds that the rise of email communications is the biggest change to the way business is conducted.

Exclusive

RIA Realm Expanding, Independent B/Ds Shrinking

February 16, 2016

“I think the Series 7 independent rep model is in trouble,” a consultant said, further predicting that “I don’t think you’ll have 5,000 independent B/D firms out there two or three years from now.”

Exclusive

Congress Should be in Charge on Fiduciary Rules

February 16, 2016

The Department of Labor is seemingly contradicting its own words with its fiduciary rule mandates. Shouldn’t Congress be leading the way on this issue?

Exclusive

LTC Claims Payouts Rise 4 Percent in 2015

February 15, 2016

Long-term care insurance carriers paid out 4 percent more in claim benefits to policyholders in 2015. Analysts say increased payouts are a reflection of longevity increases.

Execs: No Need to Dump Energy Holdings

February 15, 2016

Insurance company executives assuaged fears over energy sector holdings during fourth-quarter earnings calls. Limited exposure to the volatile market will protect carriers going forward, execs said.

Prudential: We’re Ready for DOL Rule

February 12, 2016

Prudential executives say they will adapt to the impending fiduciary rule, even as company misses earnings forecast this week. Meanwhile, two lawmakers say industry executives are contradicting themselves on the rule’s impact.

Exclusive

Congress Refuses ACA Funding, Slams Insurance Agents In The Wallet

February 11, 2016

For agents serving the individual health insurance market, this most recent open enrollment season hit them right in the wallet.

Exclusive

Yellen: Rate Hikes No Sure Thing

February 10, 2016

Fed Chair Janet Yellen tells a House committee that it will proceed cautiously with potential interest rate hikes.

February 10, 2016

FIAs on a Tear But for How Long?

Fixed index annuities are coming off a record quarter, but narrowing distribution channels have analysts questioning where future growth will come from.

STCi: Smart Choice or a Waste of Sales Time?

February 9, 2016

Short-term care insurance sales are way up, but does the product deserve agents’ attention? Opinions differ on whether SCTi offers enough coverage to be worthy of the attention.

DOL Rule Heralds New Era in Distribution

February 8, 2016

The Department of Labor’s fiduciary rule is likely to usher in a range of distribution models for insurance products sold into qualified retirement plans.

Exclusive

Does Commissioned-Based Pay Harm Consumers?

February 8, 2016

The ongoing regulatory effort to move away from commissioned-based sales ignores many important facts about how agents are already heavily regulated.

Exclusive

Lincoln CEO: No Immediate Split-off Plans

February 7, 2016

Lincoln Financial CEO Dennis Glass comments on MetLife reorganization, adds that Lincoln will do whatever is in the long-term interests of shareholders.

Genworth Stops Life, Annuity Sales, May Split

February 5, 2016

Genworth is quitting the life insurance and fixed annuity business and isolating its long-term care block. The moves offer the best chance to push the company back to profitability, executives say.

Exclusive

Hedging Losses Hammer MetLife; Lincoln, Principal Also Down

February 5, 2016

MetLife, Principal and Lincoln all report sluggish fourth-quarter results that fail to meet analysts’ expectations.

Exclusive

Unum Swings to Profit, Exceeds Expectations

February 4, 2016

Unum Group reported strong fourth-quarter ‘capping off a very good year for our company’ said CEO Richard P. McKenney.

February 3, 2016

House Moving on Two Anti-Fiduciary Bills

A House committee passes two bills seen as alternatives to the controversial Department of Labor fiduciary rule. President Barack Obama has vowed to veto the bills should they ever reach his desk.

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