Recruiting insurance talent a challenge as industry retirements loom
About half of the insurance workforce is 55 and older and will be retiring soon, creating many vacancies – and a recruitment nightmare.
Judge with a history of striking down federal rules will hear DOL lawsuit
A lawsuit filed by nine industry trade associations against the latest Department of Labor fiduciary rule will be heard by a Texas judge with a reputation for vacating federal rules.
Greg Lindberg asks court to set aside bribery conviction, or grant new trial
Embattled financier Greg Lindberg filed a motion for acquittal, or a new trial, today two weeks after a second jury convicted him of bribing the North Carolina insurance commissioner.
CMS urged to crack down on health insurance ‘twisting’
Switching consumer’s health insurance plans without their consent and knowledge has come to be known as “twisting.”
AmeriLife adds a pair of new acquisitions as strong growth continues
AmeriLife Group announced two recent deals that continue the company’s steady growth as a holistic retirement services juggernaut.
Many Americans hope to live to 100, but are their retirement plans up to the challenge?
More than half of those surveyed want to live to 100, according to a new study, but can their retirement funds support that goal?
John Hancock and MIT AgeLab team up to study, improve longevity
What will it take to live a longer, healthier life? John Hancock has entered into a five-year collaboration with MIT’s AgeLab to find out.
Actuaries delve into Social Security trust fund deficit
A stronger economy is good news for the Social Security program but Congress must act to keep it solvent.
In-plan annuities gaining steam: Where do we go from here?
Annuities are becoming more available in the defined contribution space in association with 401(k) plans. What is the future of in-plan annuities, and have they reached a tipping point?
FACC injunction request: Freeze DOL fiduciary rule until lawsuit is heard
An industry trade group formally requested a preliminary injunction from a Texas federal court Tuesday to freeze the Department of Labor’s Retirement Security Rule.
Nationwide, Global Atlantic big movers up the LIMRA Q1 annuity sales chart
A pair of insurers, representing the old guard and the new disrupters, made impressive moves up the LIMRA annuity sales charts in the first quarter.
Market reacts positively to Nippon stake in Corebridge Financial
Market responds positively to AIG’s sale of a 20% stake in Corebridge Financial to Japan’s largest life insurer.
Retirees shifting portfolio focus from growth to new target, study finds
Retirement-aged Americans are changing their investment priorities from growth and higher returns. We talked to an expert to find out why.
How to address your client’s annuity concerns
Although annuities are experiencing record sales, financial professionals may still face objections when trying to sell them.
The retirement risks your client may not have considered
Taxes and legislation can post a greater risk to a client’s retirement than what they realize.
$15M premium financing lawsuit against bank, advisor, PacLife is settled
An Oklahoma lawsuit over a premium financing plan involving a $15 million life insurance policy has been settled.
Are financial woes keeping young high earners from actively planning for retirement?
Are concerns about student loans and a high-interest housing market keeping young high-earning Americans from retirement planning?
Does it make sense to plan to age 95?
A new report said that with 95% of Americans older than 60 having at least one chronic condition, the average actuarial life expectancy for those with chronic health conditions is significantly lower.
‘We’ll continue to fight’: Greg Lindberg attorney says bribery case isn’t over
An attorney for embattled financier Greg Lindberg hinted at an appeal two days after his client was convicted for a second time on bribery charges.
