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Fed Leaves Interest Rates Alone

September 17, 2015

The Fed says various economic indicators do not support an interest rate hike just yet.

Exclusive

Will FA And MYGA Sales Start Rising?

September 16, 2015

Traditional fixed annuities (FAs) and multi-year guaranteed annuities (MYGAs) might seem like yesteryear’s afterthought, shivering as their sales are in the shadow of the soaring fixed index annuity (FIA) sales. But it might be a mistake for annuity professionals to give these products the cold shoulder.

RIAs Favor Active, Passive Strategies Over Hybrids

September 16, 2015

Consultant says market conditions influence whether RIAs opt for passive or active management strategies.

Exclusive

Advisors Beware: Social Media Fraught with Danger

September 15, 2015

Consultant: advisors should learn dos and don’ts before wading in to social media.

Appeals Court Again Upholds Obamacare’s Contraceptive Mandate

September 15, 2015

A federal appeals court again rules in favor of an “accommodation” permitting employees of religious nonprofits to receive contraception coverage under the ACA.

September 14, 2015

Former Iowa Insurance Regulator Mumford Dies

James R. Mumford, a retired Iowa insurance regulator, was widely known for supporting and helping advance numerous “balanced” annuity regulations and compliance initiatives.

Exclusive

Men Report Feeling More Retirement-Challenged Than Women

September 14, 2015

Women are taking steps to improve their financial wellness, according to a think tank.

Voya Financial to Sell 155K Life Policies to Reinsurance Group

September 14, 2015

Voya Financial reaches $90 billion deal to sell block of life insurance policies.

Exclusive

Schwab Survey: RIA Mergers & Acquisitions up by 28 Percent

September 11, 2015

Registered investment advisor (RIA) mergers and acquisitions are climbing, according to new data from the first half of 2015.

NAIC: Cybercrime Response Needed to Stem Millions in Losses

September 11, 2015

Insurance industry officials come together to draft a cybersecurity ‘Bill of Rights’ to govern response to threats.

Smaller Insurance Companies Keeping Pace Among Top 20 Carriers

September 11, 2015

A Conning report says size is not the best indicator of a top life and annuity company.

House GOPers: DOL Rule Obamacare of Finance

September 10, 2015

House subcommittee holds feisty hearing on the DOL proposal to apply a uniform fiduciary standard.

Federal Court: Short-Term Annuities Do Not Count Toward Medicaid

September 10, 2015

Short-term annuities are legal investments that cannot be considered when calculating assets to determine Medicaid eligibility, a federal court rules.

Exclusive

DOL Releases Transcript from Fiduciary Rule Public Hearing

September 9, 2015

A second, two-week public comment period ends Sept. 24; Final rule expected to follow.

Court: ‘Employed’ is Standard for Lincoln National Life Coverage

September 9, 2015

California court rules that employee who got sick the day life insurance policy began and died a few days later is entitled to coverage.

Exclusive

Longevity Annuities Get Rare Endorsement

September 9, 2015

Longevity annuities have received an unexpected vote of encouragement from the National institute on Retirement Security (NIRS). These contracts “may…

Exclusive

DOL Study: Access to Advisor Boosts Retirement Readiness

September 8, 2015

Having access to a financial planner leaves Americans more prepared for retirement, according to a study released today by the Department of Labor.

Exclusive

The Anatomy of a Fiduciary Complaint

September 8, 2015

A lot of things are troubling about the Department of Labor’s rule to enforce a “best Interest” contract between an…

Exclusive

No Flight To Safety Expected In This Downturn

September 8, 2015

The 2008 crash prompted such waves of consumers to fixed index annuities that companies had to squelch sales. The recent market gyrations are not expected to inspire similar flight, but maybe a bump in activity.

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