Prudential of Japan is not ready to resume sales after a 90-day ban following widespread misconduct, Prudential Financial CEO Andy Sullivan said Tuesday.
Life insurance can be tailored to fit the lives of gig workers.
Only 40% of Americans are extremely or very confident in their ability to make and execute financial decisions, according to a Corebridge Financial survey.
The annuity industry is dealing with several challenges, a LIMRA panel agreed.
Consolidation among distributors, evolving technology and changing consumer expectations are reshaping how annuity products are developed and sold, a LIMRA panel agreed.
Consumer trust and confidence are significantly higher when a financial professional is involved, as pandemic-driven changes continue to reshape how annuities are sold and serviced.
AI is rapidly reshaping underwriting, improving efficiency and data analysis while raising new questions about accuracy, governance and the role of human decision-making.
Judge Daniel Klau ruled that large policyholders can intervene in the proposed PHL Variable liquidation proceedings.
A Connecticut judge denied a request Tuesday by PHL Variable Insurance Co. policyholders to stop paying premiums while keeping their coverage in force.
The global economy is entering a period of profound uncertainty as geopolitical conflict, shifting trade dynamics and rapid technological change upend traditional forecasting models.
Nearly one-quarter of U.S. adults (23%) are members of the Sandwich Generation, and this generation may be the next wave of America’s retirement crisis.
The “magic number” Americans believe they need to save for a comfortable retirement climbed to $1.46 million in 2026 – $200,000 more than last year and in line with 2024 estimates.