Daniel J. Houston, a 31-year-veteran of The Principal Financial Group and one of the company’s most seasoned executives in the retirement and pension business, has been elected president and CEO.
Some who went through previous plummets say patience always wins.
Much of the growth in cash balance retirement plans was driven by the small/medium business crowd, according to a new report.
Life/Annuities Losing Wallet Share With 21st-Century Consumers
A recent report provides some insights into why consumers find buying life insurance and annuities to be so complicated.
MetLife has asked a federal judge to dismiss once and for all its designation as a systemically important financial institution (SIFI), a move that would lead to more regulatory oversight of the company, according to court documents filed Friday.
With the industry always hungry for new talent, here are some suggestions about where you should look — and where you should not — in recruiting.
Three of the four largest Japanese insurers have announced U.S. acquisitions in the past year. Here’s a look behind the Japanese interest in U.S. life carriers.
The second quarter annuity industry sales estimates published by LIMRA Secure Retirement Institute (LIMRA SRI) reveal that sales declined compared to one year ago. However, that does not mean annuities are losing their luster.
Short-term care insurance has been flying below the radar for many years, but that could change, an industry expert said.
Financial Services Institute study claims DOL dramatically underestimated the cost of its fiduciary rule.
The automated platform offers insurers a centralized database for the annuities industry to track, share and verify producer training completions.
Those Who Have Advisors Are More Likely To Diversify Holdings
Although Americans seem to be following the advice not putting all their eggs in one basket, the tendency to diversify is more pronounced among those who have an advisor, a study found.
The latest batch of second-quarter earnings report reveal some winners and some that fell short of expectations.
Industry experts point to the rise in equity markets since the financial crisis and better access to technology infrastructure as reasons for the increase in RIAs.
Vanguard Group, DFA and American Funds are the three mutual fund company brands registered investment advisors (RIAs), trust the most and with whom RIAs are therefore most likely to invest, a recent study shows.
Department of Labor (DOL) officials need to refine their fiduciary rule proposal by detailing what they mean by insurance commission, an insurance and annuity expert said.
Commissions and the best interest exemption were the main stars of the four-day Labor Department hearing.
A dispute between a Wisconsin couple and a life insurer involving stakes of less than $75,000 in connection with a variable life insurance policy has no business in federal court and should be dismissed, a U.S. appeals court has ruled.
Despite the addition of more Democrats asking to slow the fiduciary rule expansion, Labor Secretary Thomas Perez says the rule is a go.
