Most financial advisors compensated using fee-based models
The movement to fee-based services is being driven by a move from commissions to asset-based fees among wirehouse and broker/dealer channels.
Top Stories
Is long-awaited insurance industry transformation arriving — finally?
According to two new reports, with a near-term market in flux, the moment of insurance industrty transformation may be arriving.
What do consumers think about the need for long-term care?
We often read about consumers’ need for long-term care, but what do consumers think about the need for such protection?
Jeffrey Cutter files appeal from guilty verdict on Advisors Act disclosures
Advisor Jeffrey Cutter is appealing the lone guilty verdict handed down last month in his trial in a Securities and Exchange Commission civil case.
Connecticut regulators court potential buyers for PHL Variable blocks
Thirteen companies are studying confidential financial information as Connecticut regulators pursue the sale or reinsurance of PHL, or its blocks of business.
A blind spot for younger Americans: Prioritizing investing over insurance
The majority of young Americans are placing too much emphasis on building wealth without dedicating enough to protecting those assets.
Prudential shareholders ask court to OK $10M derivative suit settlement
Prudential Financial shareholders are asking a New Jersey judge to approve a $10 million settlement to end a derivative lawsuit over allegedly withheld mortality data.
Insurance companies scrambling to support need for GLP-1 drugs
The overwhelming popularity of GLP-1 drugs – what President Trump calls “the fat shot” – has insurance companies scrambling to…
UnitedHealth asks shareholders to support CEO’s $60M stock options
UnitedHealth Group is urging shareholders to reject a proxy alert and support a compensation package, including $60 million in stock options, for returning CEO Stephen Hemsley.
UnitedHealthcare eliminating commissions on Medicare drug plans
UnitedHealthcare dealt another blow to its Medicare agents when it announced last week it will not pay commissions on Medicare prescription drug plans sold after June 1.
Retirement confidence and ‘the great decide’
Americans are on the precipice of huge financial choices as they prepare for retirement – a phenomenon described as “the great decide.”
Ex-employees sue UnitedHealth for alleged 401(k) chicanery
Four current and former UnitedHealth Group employees are suing the embattled insurer for allegedly using forfeiture funds to pay the corporate match for 401(k) plan participants.
Insurtech investment roars back in Q1
After several quarters of stagnant growth and investor fatigue, the insurtech sector roared into 2025 with renewed purpose.
SEC needs to show its hand on disclosures after Cutter verdict, analysts say
The Securities and Exchange Commission has some work to do following the recent guilty verdict against a Massachusetts advisor for insufficient disclosures.
How to make facing retirement alone less stressful
Millions of single Americans will face retirement without a partner, adding financial strain to this significant life transition.
‘It’s a gamble’: Homeowners, experts testify on soaring property insurance
Property insurance rates a soaring due to climate change, a panel of homeowners and experts told senators Tuesday.
Gen Z getting serious about finances
Generation Z is beginning to make its mark on the world, and they are proving to be the most serious generation when it comes to finances.
How insurance agents can use custom GPTs to improve SEO rankings
Insurance agents seeking to improve their SEO rankings can capitalize on customized versions of AI platforms.
UnitedHealth downgrades earnings outlook as CEO exits
UnitedHealth Group executives took the unusual step Tuesday of downgrading earnings guidance issued less than four weeks ago.
