Broker/Dealer witness offers a consumer’s “Bill of Rights” in place of the Best Interest Contract.
Academic studies show advisors lean toward higher-commissioned products, but industry critics say the reports don’t conclude that clients are placed in peril.
Proponents open Department of Labor fiduciary rule hearing by staking widely divided claims on the proposal’s impact.
Divorce And Disability Insurance: A Marriage of Opportunity
Building disability insurance coverage into a divorce decree can protect the ex-spouse and children if illness or injury makes it impossible for support obligations to be fulfilled.
Insurance advisors say the Department of Labor’s rule to put all investment-related money under the fiduciary umbrella will make more work for them and chase away clients.
Brokers Kept Busy, Made Money During Last ACA Open Enrollment
Health insurance brokers reported that the second open enrollment period was much better than the first.
Best-selling Author Andrew Sobel Talks Trust, Rapport and Sales
Finding the right questions can change your presentations from a snoozer to a winner
The right blend of permanent and term life insurance, combined with long-term care benefits, can provide financial protection for a multitude of client needs.
The announcement from Genworth CEO Thomas J. McInerney that Genworth is reversing course and will not sell off its life and annuity operation was blessed by analysts, who added the company faces a long road to fiscal stability.
Advisors and others in the industry have only a short period of time to make their concerns known before the fiduciary standard rule is formally adopted. After that, it is a matter of damage control.
Retirement planning practitioners may benefit by offering withdrawal planning services to older clients.
Inspired to Sell: The moments that changed advisors
Many advisors experience real-life issues that call for sound financial planning. Here are a few personal stories that inspired these advisors to go the extra mile for their clients.
When agents talk to clients about fixed annuities, it’s a bit like a first or second date. But now the Department of Labor is asking agents to sign the equivalent of a prenup outlining the parameters of the fiduciary responsibility.
One reason for the dip in sales is that depositors would rather buy a short-term banking product than a long-term insurance product in hopes that interest rates will rise soon, analysts said.
Insurance companies saw an income slide in the second quarter. But one standout was American Equity, which expanded its fixed annuity market share.
It seems as if the U.S. Department of Labor (DOL) proposal to amend conflict of interest rules around individual retirement accounts (IRAs) has split the annuity world down the middle, with fixed annuities on one side and variable annuities on the other.
A survey of registered investment advisors and fee-based advisors finds that most of them are focused on the long term, embrace technology and are not particularly worried about the “roboadvice” movement.
Pension risk transfers are taking place at a fast clip among smaller companies, those with between $50 million and $1 billion in sales.
California Gov. Jerry Brown signed legislation to prevent insurance carriers from levying surrender charges against the annuity’s death benefit, a move government officials say will protect senior citizens.
