Millennials are making prudent spending decisions with regard to discretionary expenses but many are still taking on too much debt…
The recent sale of the world’s most valuable life insurance policy could be a sign that the big life case market is reviving…
A leading expert says that there has been no boost in the number of investors paying attention to disclosure statements…
Thomas J. McInerney appealed to the industry to find new business models and a more efficient regulatory framework to prevent more long-term care insurance carriers from exiting the market…
Morningstar reported new variable annuity (VA) sales for 2013 were $141.2 billion, down 1.5 percent from 2012. The company forecast a 2 to 3 percent drop in new VA sales for 2013…
A 10-member advisory panel will oversee the re-launch of the Life Underwriter Training Council Fellow (LUTCF) designation…
Guide your clients through the maze of options available to help them fund retirement…
Under the new arrangement, Nationwide has integrated LPL’s Worksite Financial Solutions platform into its 401(k) products…
Asset Preserver, a single-premium universal life insurance product and a mainstay of New York Life’s insurance portfolio, has been broadened to help pay for expenses associated with long-term care…
Any U.S.-based insurance company designated as a Systemically Important Financial Institution (SIFI) will be subject to consolidated prudential supervision by the Board of Governors of the Federal Reserve System…
Variable annuities received a few mentions in a bulletin for investors that the Securities and Exchange Commission (SEC) published recently about “How Fees and Expenses Affect Your Investment Portfolio.” …
A recent survey found that 91 percent of advisors offering retirement plans are only “accommodating” the retirement business as part of their broader wealth management practices..
The subject of Americans’ retirement preparedness has become a hot topic among lawmakers, as the financial crisis brought to light the precarious financial positions of tens of millions of Americans who saw their holdings vanish…
Rule-making options surrounding uniform fiduciary standards for broker-dealers and investment advisors are “an immediate and high priority,” Securities and Exchange Commission (SEC) Chairwoman Mary Jo White said…
An analysis finds that employees are unlikely to make big changes to their retirement savings habits even when they know how much retirement income they are likely to receive…
After a decade with American International Group (AIG), the National Association of Independent Life Brokerage Agencies (NAILBA) has switched professional liability carriers to Everest Indemnity Insurance, for errors and omissions (E&O) coverage…
Bank-centric capital standards would be unsuitable for the nation’s insurers and create an unnecessary regulatory universe for insurers that operate on a very different business model than banks, experts told Congress…
A new survey provides some idea of where the United States ranks relative to other nations with regard to meeting retirement needs through its retirement system…
Advisor Dan Keady’s favorite four-letter word is “slow,” as in “slow down.” Financial advisors, he said, need to downshift when talking about individual retirement accounts (IRAs)…
