The Hispanic community is known for being vibrant, motivated, hard-working and family-oriented, as well as being bilingual and bicultural. It’s important that agents in this community who are considering a career move proactively seek out a “Hispanic employer of choice.”
Although a number of “name brand” companies have been in the news for cyber attacks, your agency also could be vulnerable to hacking.
Poor succession planning means RIAs often undervalue businesses which they’ve spent their whole lives building, one expert says. Those wishing to retire rather than conform to a new fiduciary standard need to get a succession plan in place.
Prepare your married clients for the day when two become one.
NAIFA’s Takin’ It To The States
NAIFA’s 20/20 master plan represents new focus on state-level advocacy on issues such as state-run retirement plans. Northwestern Mutual is on board with a $250,000 grant.
Insurance agency and third-party administrator (TPA) mergers are on the rise as owners age and retire from their businesses. The RIA world could learn plenty from these deals, said one consultant.
Indexed annuities, indexed life insurance and whole life insurance are two product areas where experts said the industry is likely to see some growth.
If the Powerball winner takes the annuitized payout, he or she will need lots of insurance to cover the estate tax liability.
Consulting firm surveys wealthy investors, who say they rarely recommend their advisor to others. The more money an investor has, the more likely they are to keep their advisor to themselves, study finds.
I think you will most often find that your retired client is willing to sacrifice potential growth for the peace of mind they can achieve through a fixed annuity
The Powerball winner’s estate would face the mother of all taxes if the lucky winner quickly met an unlucky end. This is a job for life insurance!
Application triage is an underwriting model that gets clients approved for coverage quicker and gets agents paid faster as well.
The Insured Retirement Institute vowed to keep lobbying the Department of Labor over its forthcoming fiduciary rule. The rule details could hamper retirement savings options, IRI officials said.
Regulators say insurers have been lax about using the Death Master File to track down beneficiaries. More than 30 states are involved in various settlements.
Pacific Life has added 13 new investment funds in 10 investment categories to diversify investment options for variable annuity investors and advisors who serve them.
The Myth Of Under-Promising In Sales
Over-promising to get the sale is shooting yourself in the foot. But if you under-promise, you shoot yourself in the other foot.
“Headlines are as relevant as a buffet at a strip club,” said one advisor, who is telling his clients to turn off the news and trust professional advice instead.
Florida Insurance Commissioner Kevin M. McCarty will leave his post effective May 2 to pursue other career opportunities, his office has announced.
There are plenty of insurance headlines throughout 2015. InsuranceNewsNet recaps the top 25 stories from the year.
