Insurance industry officials said the Supreme Court decision upholding federal subsidies for purchasing health insurance should help refocus the industry’s efforts on making the Affordable Care Act coverage more accessible and less expensive.
Index Dimensions is available only to independent insurance agents and agencies that contract with Pacific Life through the Producer Alliance Program.
Appropriations bills that call for stopping the Obama administration from creating a new fiduciary standard are moving forward in the…
This year marks the first in which the number of millennials will about equal the number of baby boomers in the workplace.
Two proposals for funding long-term care may be of especial interest to annuity and retirement professionals who are looking for innovative ideas involving hybrid annuities and long-term care insurance.
Labor Secretary Thomas Perez said comments are prompting the department to consider changing some aspects of the rule’s best interest contract exemptions.
Usually a solid performer in terms of annuity sales, banks weren’t their old reliable selves in the first quarter. Consumers preferred shorter-term bank products such as certificates of deposit, in hopes of benefiting from rising interest rates.
The exchange concept has surfaced recently for a variety of insurance and financial solutions, well beyond health insurance. Here are some examples.
Advisors fear they will lose clients if the Department of Labor’s proposed fiduciary rule goes into effect, according to a survey by the National Association of Insurance and Financial Advisors.
The SEC is starting a multi-year examination initiative on how broker-dealers and advisors ensure their clients are prepared for retirement….
Slightly less than one-tenth (9 percent) of Americans of all ages do “expect to be able to rely” on an annuity for part of their retirement income, and 43 percent are somewhat or very interested in the features that annuities include.
Life settlement experts said they’ve noticed more transactions among policies with smaller face values as the industry matures and regulators build legal structures around the sale of life insurance policies the seniors no longer need.
Agents say that one obstacle in selling disability insurance is that the coverage is perceived to be more expensive than it really is.
The new rule will cap the rates used for indexed universal life insurance illustrations at below 7 percent.
“Federal creep” on oversight of insurance and financial services is a key concern in legislation written by the Republican majority and approved Wednesday by the House Appropriations subcommittee that controls the purse for the Departments of Labor and Treasury.
The managing general agent channel is growing faster than the property/casualty industry as a whole, according to a study.
Access to affordable financial help will be prohibited – even when it is in the investor’s best interest — through…
Agents and advisors have numerous retirement income tools and solutions to consider when structuring a guaranteed monthly income stream for clients. The question is, which products to use and how much to allocate to each one?
Even as the annuity industry seems primed to enter a golden age with retirees looking for guaranteed income, it faces a new “fiduciary threat” from the U.S. Department of Labor (DOL) and the Securities and Exchange Commission (SEC).
