The United States House of Representatives Committee on Financial Services and the House Subcommittee on Investor Protection, Entrepreneurship and Capital Markets held a hearing Thursday morning examining the Securities and Exchange Commissions proposed Regulation Best Interest rule.
Read morePrincipal Financial is deep in talks to acquire the Wells Fargo retirement plan business in a deal estimated at about $1 billion, Reuters reports.
Starting a conversation about disability insurance may be easier than you think.
In a major policy shift, the American Council of Life Insurers will endorse a federal proposal requiring employers without retirement plans to provide workers with access to a payroll deduction for savings through an IRA, 401(k), or other qualified retirement savings plan. A bill to this effect is expected to be introduced in Congress this year.
Principal Financial is deep in talks to acquire the Wells Fargo retirement plan business in a deal estimated at about $1 billion, Reuters reports.
Starting a conversation about disability insurance may be easier than you think.
In a major policy shift, the American Council of Life Insurers will endorse a federal proposal requiring employers without retirement plans to provide workers with access to a payroll deduction for savings through an IRA, 401(k), or other qualified retirement savings plan. A bill to this effect is expected to be introduced in Congress this year.
African-Americans view life insurance as more than a means to pay for final expenses. They are increasingly looking to life insurance as a way to transfer wealth and leave a legacy, according to a New York Life study.
Lawmakers are proposing legislation to stabilize the Affordable Care Act insurance market, make coverage more affordable for consumers, and improve access to care by leveraging the bargaining power and administrative savings of public programs.
It’s time for our industry to help bridge the gender retirement gap so women have every opportunity to secure their financial futures.
A Partnership for America’s Health Care Future spokeswoman calls single-payer health care a one-size-fits-all system that would give consumers less choice and control over their doctors, treatments and coverage. It would mean higher taxes, long wait times and lower quality of care.
The House Financial Services Committee announced today that a subcommittee hearing will be held on the SEC’s best interest rule on March 14.
Nearly 700 health insurance and benefits advisors from across the nation will travel to Washington to meet with members of Congress. In addition, NAHU members will hear from industry experts, members of Congress and members of the Trump administration as they look at the future for health care reform.
Bringing in the right candidates is often the most important step a business takes to grow.
Seventy percent of the financial services executives surveyed said their institutions have either recently completed an update of their risk management program or have one in progress.
Millennials are a lot more focused on hard statistics, scientific methods, historical trends and technology-focused ways to analyze and invest efficiently. Compared to older generations, they are much more likely to make an investment decision based on the methodology and statistics. Knowing how generations think can help advisors connect with new clients.
After working through some challenges related to regulation, capital flow and underwriting, the life settlements industry is coming off another year of growth in 2018 and seems poised to remain on that steady growth trajectory.
Known as the Retirement Enhancement and Savings Act, the bill was initially introduced in previous session. It was re-introduced by Reps. Ron Kind, D-Wisc., and Mike Kelly, R-Pa., as the House Ways and Means Committee conducted a hearing Wednesday on retirement security.
Analytics are crucial to the future of life insurance and every carrier is in an arms race to get a 360-degree view of the people they serve or want to serve. The more data that is collected about a customer base, the better job insurers and agents can do in reaching those customers.
Ohio National tells a federal judge that “and” is the key word in its selling agreements. If the judge agrees, then the insurer’s controversial decision to end trail commissions on certain variable annuity contracts might stand.
Agents can better manage client purchases – and travel expenses – by investing in automated expense management technology. This eliminates all manual entry, better organizes and tracks expenses, and ultimately saves agents lots of time and money.
Traditionally, customers buying insurance products and financial services have had little or no voice in the purchasing cycle. Up until now, this approach has enabled carriers to retain business, despite the plethora of offerings in the marketplace. That is changing — and fast.
Even if the stock market rebounds from last year, a fixed indexed annuity still provides more retirement income than the same investment in the S&P 500. The major drawback is liquidity, but this is where an advisor can make the difference through effective planning.
An aging population and a greater need for retirement income are factors behind the prediction.
You and your firm should have one goal – make sure the client wins!
Market volatility and loss make this the right time for clients to turn to the security of a fixed indexed annuity.
A study of health insurance marketplaces in 10 states showed more insurers participated in the exchanges and premium increases began to level off. Researchers found that insurers were more willing to enter new markets in time for the 2019 enrollment season, a big change from 2018.
High-deductible health plans are going the way of corporate wellness programs and disease management programs – consumers don’t like them and are pushing back against them, says one health care expert. Benefits brokers are going to have to evolve much like stockbrokers did 20 years ago.
Sometimes it’s not what they do, it’s what they don’t know how to do.
White Glove Workshops, a digital marketing company specializing in planning, promoting and managing educational seminars for professionals in the finance, insurance, real estate and legal industries, has hired former National Planning Corporation CEO and president John C. Johnson.
States are expected to pick up the ball on regulation after a December federal court decision ruled the Affordable Care Act “invalid.” A judge determined that the 2017 tax cut bill knocked the constitutional foundation from under the health care bill by eliminating the individual mandate penalty.
Life insurance is well-suited to provide liquidity to meet the needs of clients with large estates, making it an important consideration in boomer estate plans.
A resurgence in index annuities reminds us that they are a great choice for clients.
A LIMRA study shows unpaid family caregivers are falling short in their insurance needs. But how does the industry reach this time-stressed and resource-stressed group?
Looking back, 2018 was another year of the unexpected and unprecedented. Lawmakers at home and abroad dominated the headlines, impacting markets and portfolios, and raising concerns of advisors and investors alike.
