Are fixed annuity rates heading up along with the uptick in interest rates on 5- and 10-year Treasury bonds? Why, yes they are. At least a bit. At least at some carriers…
Transamerica Retirement Solutions has released a mobile app to help workers forecast their retirement savings and track their investment progress…
Financial advisors, particularly those working for large broker-dealers, appear to be a content lot when it comes to their financial and physical well-being, and to the financial health of their businesses, according to a new survey…
With current interests rates so low, healthy individuals who are no longer generating enough excess income to continue paying premiums on their life insurance trust programs may opt en masse to allow their policies to lapse…
Business owners and financial advisors, take note: Proposed premiums in the small group market are estimated to be, on average, 18 percent lower under the Affordable Care Act than health premiums small employers currently pay…
Insurance agents are having difficulty obtaining affordable errors and omissions (E&O) coverage as carriers institute premium increases, restrict coverage and, in some cases, exit the market…
NAFA, the National Association for Fixed Annuities, has responded to a recent InsuranceNewsNet article, “War of the Advisor Groups Heats Up,” written by Cyril Tuohy and published July 12…
Steven Budzynski has joined Lincoln Financial Group as senior vice president and head of procurement, and Patrick McAllister has been named vice president and managing director of investment strategy and analytics…
Smaller carriers may step up to fill a coverage gap left by the recent exits of UnitedHealthcare and Aetna from California’s individual health insurance market, reducing any potential impact on consumers…
Here’s the message the captive insurance industry wants to get across: Life insurance captives are closely regulated and the reserves invested are redundant and do not threaten policyholder claims…
Allstate is bowing out of writing life insurance and annuities and selling the products through the independent agency distribution channel business…
What’s eating at health insurance brokers? With all the coming changes in health reform and companies needing guidance in a complicated benefits world, you’d think benefits brokers would see a bright future ahead…
Financial professionals who offer a suite of diverse, well-structured annuity products that can be paired with optional lifetime income riders may be a boon to certain clients…
Sex can make a difference in the annuity business. That is, sex in terms of the gender of the buyer…
Traits that make small and midsize individual life and annuity insurers successful range from geographic concentration, to product mix, to low exposure to low-grade bonds and higher productivity among distributors, according to a new study by Conning…
Prudential Group Insurance has announced that it will offer critical illness insurance coverage through the workplace, a sign that the life and retirement insurance giant sees a need for the coverage and is keen to take advantage of recent growth in the voluntary benefits space…
Applications for individual life insurance have dropped 2.2 percent in the first six months compared to the first half last year, according to the MIB Life Index, which measures applications submitted to insurers on a national basis every month…
With the comment period for the Securities and Exchange Commission (SEC) to request information on uniform fiduciary standards now over, the “closing arguments” on behalf of financial advisor lobbies shows just how much is at stake for intermediaries on either side of the fiduciary standards divide…
One of the dirty little secrets of retirement plans is that, in many cases, the savings are not being used for retirement at all…
