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SEC’s Division Delays Its Fiduciary Standard Rule

June 16, 2015

The SEC is letting the Labor Department take the lead in expanding the fiduciary standard.

Exclusive

MassMutual Benefits Tool Aimed At Boosting Financial Wellness

June 16, 2015

MapMyBenefits moves MassMutual closer to financial wellness planning, which many employees say they want.

Retirement Savings Rates Are Too Low, Vanguard Study Says

June 15, 2015

A new study by Vanguard indicates that the average American is setting aside 7 percent of their income in retirement savings accounts.

Workplace Health Clinics Predicted To Expand

June 15, 2015

Much of the growth in workplace health clinics is likely to come from offering pharmacy benefits and telemedicine, according to a survey.

Greenberg Wins AIG Case, But No Award

June 15, 2015

A federal judge ruled that government treated AIG “much more harshly than other institutions in need of financial assistance,” but awarded no damages.

How Technology Can Keep Grandma Out Of The Nursing Home

June 15, 2015

The right technologies allow seniors to age in an environment of their choosing.

NAIC Eyes Retroactive Unclaimed Property Rule

June 12, 2015

The NAIC committee crafting an unclaimed property rule is looking at whether companies should be sanctioned for past unclaimed property oversights…

New Platform Aims To Help Advisors Reach Middle Market

June 12, 2015

With the average age of insurance agents in the U.S. today cresting 55 years old, younger agents have been banging on the door asking why they can’t have access to modern marketing tools in their search to penetrate deeper into the middle market.

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Survey Finds ‘Don’t Ask, Don’t Tell’ Attitude Toward Discussing Family Wealth

June 11, 2015

Financial advisors need to use their skills to start the conversation going on family wealth and how the next generation can be responsible stewards of it.

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Advisors Move Away From Recommending Annuities, FPA Survey Says

June 10, 2015

Financial advisors are suggesting fixed annuities at a lower rate now than they did in 2006, according to the survey.

Genworth Still An LTC Player Despite Sale Talk

June 9, 2015

Genworth says even if it sells a division it will still sell long-term-care insurance and annuity/LTC combos…

Chamber Blasts Proposed Fiduciary Rule

June 9, 2015

A U.S. Chamber of Commerce report contends that the proposed fiduciary standard would take a toll on small business retirement plans and the advisors who serve them.

Exclusive

NAIC to Expedite Info on Agents Who Lose Advisor License

June 9, 2015

The National Association of Insurance Commissioners plans in July to start forwarding information on insurance agents who have been reprimanded…

Survey: Even ‘Relatively Sophisticated’ Investors Need Help From Advisors

June 9, 2015

More than four in 10 affluent investors admitted to gaps in their financial planning and said they would like professional help to bridge those gaps.

DI Sales Hobbled By Cost Misperceptions

June 9, 2015

A pair of executives said that the disability insurance industry and financial advisors must do a better job of educating small business owners and workers about the value of long-term disability (LTD) insurance, which suffers from misconceptions about cost.

Penn Mutual Launches New IUL Product

June 8, 2015

Penn Mutual has announced the release of Accumulation Builder Advantage, an index universal life (IUL) insurance product offering four fixed accounts and a fixed account option, as well as a bonus credited in year 11.

GAO: Half Of Over-55 Households Have No Retirement Savings

June 5, 2015

More than half of U.S. households of people 55 and older have no retirement savings in a defined contribution plan…

Exclusive

MetLife Introduces Commission Levelizing With PAUL

June 5, 2015

A new MetLife product isn’t the first time a major carrier has tweaked its approach to how agents get paid.

The Retirement Crisis: Is It Real?

June 5, 2015

According to a PBS survey, 92 percent of Americans think there’s a retirement crisis in the country. But is there?…

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