AARP is not giving up on its fight to restore the Department of Labor fiduciary rule. The lobbying group will file an appeal to keep the rule, which was tossed out by a New Orleans court last month.
Read moreLong-term care insurance claims originating from people in assisted living facilities is on the rise, according to new data.
First-quarter RIA mergers and acquisitions rocketed to a record 47 deals, bouncing back from 33 deals in the fourth quarter, according to new data.
NAIFA needs to adapt and become more nimble in order to reverse membership losses that go back decades, CEO Kevin Mayeux told the Pennsylvania chapter Monday.
Long-term care insurance claims originating from people in assisted living facilities is on the rise, according to new data.
First-quarter RIA mergers and acquisitions rocketed to a record 47 deals, bouncing back from 33 deals in the fourth quarter, according to new data.
NAIFA needs to adapt and become more nimble in order to reverse membership losses that go back decades, CEO Kevin Mayeux told the Pennsylvania chapter Monday.
Gerber Life would be a good fit for middle income life and health insurer Torchmark, a company executive said recently….
Today’s benefits brokers must help their group clients establish and maintain a strong company culture.
More Americans are relying on life insurance as a retirement investment vehicle, but will they receive the income they expect from it?
As regulatory activity increases, more and more advisors are going the independent route, partly to reduce the cost obligations of compliance as a broker-dealer firm.
Nationwide’s move might set a precedent for other mutuals to sell exclusively in the independent channel.
A new survey finds Americans opposed to giving the federal government more say in their retirement planning. Respondents much prefer their employers sponsor retirement plans.
Agents might take for granted that prospects and clients know the basics about life insurance, but a survey showed that they don’t even know that benefits are not taxed.
Several things contribute to clients outgrowing their advisors. In particular, advisors should be wary of these six things as they could be signs their client is ready to move on from the relationship.
Markets continued to be roiled by uncertainty, from the U.S. trade wars with China to potential conflicts with rogue nations. Money managers are looking at various strategies to safeguard investors’ assets.
“We can tell them what to do, and yet we have a hard time taking our own medicine.”
Americans generally worry about wages, but younger workers are also concerned about affordable education.
ETFs are growing more popular but some warn that they are encouraging short-term thinking.
As the business of money merges, so are the platforms that moves that money, a report says.
An annuity unveiled this week by Prudential Financial ushers in a new era of simplicity and affordability, company executives said….
Allianz is finding traction with fixed indexed annuities in the financial advisory world with the top-selling FIA in the independent broker-dealer channel.
Fewer employers are offering just one plan, with a majority offering a traditional and high-deductible health plan.
Let’s take a look at some potential income and tax planning strategies that our prospects and clients may want to consider.
It’s crunch time for clients who have not yet filed their income tax returns, and some clients may be feeling the pain of seeing how much tax they are paying on their investments.
Marlene Debel, CFO for MetLife, has been appointed to lead the company’s Retirement & Income Solutions business, the company said.
A new Chubb survey finds that clients want their advisor to deliver property & casualty solutions, but only 28 percent of advisors offer these coverages.
A peek at leading indicators are signaling that further economic growth and stock market gains lie ahead, economic analysts say. In particular, manufacturing production and consumer confidence.
The National Association of Insurance Commissioners voted Saturday to accept more comments for 30 days on its best interest rule for annuity sales. The model law draft has drawn criticism from both sides for being both too tough and too lenient.
What if you have a client who needs to make a significant withdrawal during a bear market early in retirement? That scenario can devastate a nest egg, and avoiding it takes plenty of planning.
It’s not necessarily because sales from independent agents are declining; it’s because sales through banks and broker/dealers are growing, said one industry expert.
More consumers are anxious about their finances and want to hear about annuities, according to the latest Greenwald survey.
Jackson National is behind the first fee-based fixed indexed annuity without a surrender charge, a product the company hopes will satisfy registered investment advisors skeptical of traditional annuities.
Advisors should give fixed indexed annuities (FIAs) a serious look because FIAs offer a compelling story in an era of low bond yields, according to Roger G. Ibbotson, one of the most recognizable names in finance.
Tax experts say money managers can expect more tax planning than usual this season, as advisors and clients get familiar with tax reform.
Slumping sales of variable annuities did not stop the No. 1 seller of VAs from recording a strong 2017. Jackson National reported a 3 percent gain in operating income.
New York Life reported another successful year in 2017, with record operating earnings of $2.06 billion and a record $1.8 billion dividend payout.
Growth opportunities for life insurers this year are in group benefits, retail life insurance, pension risk transfer and some international markets, one analyst predicted.
Strong indexed universal life sales helped raise all leaky life insurance boats in 2017, according to LIMRA data.
A September agreement on a two-day deadline for completion of a securities’ transaction might not be in place very long. Some factions are pushing for a one-day cycle, analysts say.
The Tax Cuts and Jobs Act eliminated the alimony tax deduction, which analysts say could prompt a spate of 2018 divorce filings, especially among high earners. Advisors should be prepared to untangle the finances.
As tax season approaches every year, one of the questions most often asked is whether the cost of a long-term care (LTC) rider on life insurance is tax deductible.
The Massachusetts decision to charge Scottrade with Department of Labor fiduciary rule violations shows the lengthy reach of the DOL rule. Our Kim O’Brien explains the rule’s chilling potential.
Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.
Life insurance sales were down in all age segments, according to new year-over-year data, but was down the least in the younger segment. That could be good news for insurers.
The GOP tax reform bill is prompting more U.S. companies to bring financial advisory help in-house to help workers maximize their 401(k) plan participation.
More employees own at least one voluntary product than employees who do not own any, a new survey found, as employee benefits continue to grow more popular.
The Dow Jones tanked badly over the first few days of February, spreading fear among investors. But analysts say the market is fine and the “correction” was much needed.
Indexed universal life is “clearly where the action was,” said Robert A. Kerzner, CEO of LIMRA, in a quarterly briefing to members.
Insurance company M&A deals fell sharply in 2017 and isn’t expected to rebound anytime soon. Several trends are impacting the potential for M&A deals, including tax reform and technology.
Republicans in Congress were unable to abolish the Affordable Care Act, so a group of 20 states is filing suit in an attempt to declare the ACA unconstitutional.
A single payer health care system is not a one size fits all system. Here is a breakdown of how it looks in different nations around the world.
While millennials are big fans of robo-advice, older investors from the baby boomer generation are driving the concept, a new survey found. Aside from retirement services, older investors put fees and relaxation at the top of their list of concerns.
Health insurance underwriters seek a stable market and are positioning themselves as essential guides to help Americans understand their health care choices.
Advisors and brokers say fee-based compensation is a difficult transaction with many annuities. In addition, clients often save money over the long run sticking with the traditional commission-based model.
Prudential is venturing into the fixed indexed annuity space and might even include insurance agents as distribution.
Keys parts of the annuity market stabilized in the fourth quarter, a sign that the industry might be recovering from the chilling Department of Labor fiduciary rule.
Forty seven percent of caregivers have had to tighten their belts financially because of their caregiving responsibilities, a report found. An alert financial advisor can help the caregiver avoid financial hardship.
A new versatile variable annuity comes with both floors and buffers, in both fee- and commission-based sales options. Great-West Financial said its new product gives investors and agents flexibility.
Researcher shows why advisors should show clients how to boost their Social Security and save their retirement by leveraging annuities.
Is dollar cost averaging a better strategy during a volatile stock market such as the 2018 version? That depends on who you ask. Experts caution investors to consider a range of variables.
Health benefit advisors can help close the dental wellness gap by distributing small bits of dental communication throughout the year leading up to enrollment.
Regulatory pressure and low interest rates drove Allianz Life Insurance premium 16 percent to $11 billion last year compared to 2016, execs reported.
