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Industry Looking At Likely Megatrends

June 27, 2013

A total of 47 percent of respondents said that new laws and capital management would have the most impact on their companies, according to the survey published by Towers Watson…

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Life Insurance And Philosophy: The Good Of A Life Secured

June 27, 2013

As its name implies, life insurance is connected to life, but also to what the Greek philosopher Aristotle called “the Good.”…

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Carriers Increase Spending On Automating The Sales Process

June 27, 2013

If financial advisors feel as if they are facing a raft of new software platforms and applications, if they feel as if their agency management systems are working a little differently than they are used to, it’s not an illusion…

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Genworth Launches Virtual Learning Community Of Indexed Products

June 26, 2013

Genworth Financial, the mortgage, life insurance and long-term care insurance giant, has launched The Index Institute, a virtual learning community for agents, brokers and financial advisors, the company announced…

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Will N.Y. Block Private Equity From Insurance?

June 26, 2013

The risk that has DFS concerned, he said, is whether private equity firms are more short-term focused than long-term. Insurance, he said, is “all about the long haul.” ..

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Hybrids As Public Pension Solution

June 26, 2013

Public pension reform should consider elements of defined contribution plans, changing lifestyles and workforce patterns, short-term fiscal challenges and long-term human resource trends, according to a new report…

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Great-West Renews Contracts, Expands Territories, Appoints Managers

June 25, 2013

A series of news announcements by Great-West Financial finds the company making important gains in the retirement services marketplace, from renewing contracts with three large public markets to establishing new sales territories in the Mid-Atlantic states…

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MassMutual Tweaks DI Products For Minority Group

June 24, 2013

MassMutual has tweaked the rate structure of its Radius disability income product line and has added the option of buying life insurance without the need for medical tests…

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Fiduciary Standards Debate Continues

June 24, 2013

Organizations in favor of fiduciary standards for a broader swath of distributors of financial products and services say it can only benefit the end client. Opponents say that while this may be true in the abstract, a lower standard is suitable, particularly if it comes at much lower cost…

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Employers Look At ACA Wellness Incentives

June 24, 2013

With the final Affordable Care Act (ACA) regulations on wellness incentives and excise taxes published in the June issue of the Federal Register, it’s time for advisors and managers to dig into the details to make sure employers stay on the right side of the law…

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Life Insurance Ownership Linked To Feelings Of Security

June 21, 2013

Owners of life insurance products are more likely to feel secure about their lives than owners who own no life insurance, according to an analysis…

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Long-Term Disability Coverage Increases In 2012

June 20, 2013

The number of employees covered under long-term disability (LTD) insurance rose by 1 percent to 32.3 million last year, reversing decreases that had dominated the industry since 2008, according to the latest report from the Council for Disability Awareness (CDA)…

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Retirement Product Pages Make Their Own Splash

June 20, 2013

The 401(k) is, after all, a special provision in the U.S. tax code. Shouldn’t it deserve special treatment, like having its own Web platform? …

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Mixed Messages Regarding Benefits

June 20, 2013

Talk about mixed messages. Pick up the latest LIMRA survey on the dearth of small businesses offering workplace insurance benefits, and it’s like hearing a broken record…

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Gen X Stretched Thinnest, Most Likely To Dip Into Savings

June 19, 2013

More than one third of Generation X employees are likely to dip into their retirement savings to pay for non-retirement expenses, a sign that these adults are under enormous financial pressure, according to a recent survey…

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Prudential Hires Industry Veteran

June 18, 2013

Lori Dickerson Fouché, a former executive with Chubb and Fireman’s Fund Insurance, has joined Prudential Financial as president and chief operating officer of Prudential’s group insurance business…

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FBL Appoints Two Senior Executives

June 17, 2013

FBL Financial Group, the West Des Moines, Iowa-based holding company, has hired agency veteran D. Scott Stice as its chief marketing officer and John D. Currier Jr. as its chief actuary…

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VA Products: Reading The Signals

June 17, 2013

The variable annuity sector saw 97 annuity product changes in first quarter 2013, according to new figures from Morningstar…

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NAILBA Changes Reflect Changing Membership

June 17, 2013

Looking to stay current with the changing business models of its membership, the National Association of Independent Life Brokerage Agencies (NAILBA) has broadened the definition of who qualifies as a member, the association announced…

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