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February 15, 2023
Image of 1040 tax form, calculator and a memo saying, "tax time."

IRS says most 2022 one-time refunds won’t be taxed

Maybe pigs can fly. The IRS, in an unusual statement late last week, said that millions of dollars in 2022…

February 14, 2023

How to love your business – and how to make it love you back

Financial services is the hardest career in the world – and that’s why you should love it. Joe Templin, author and coach, said there are many reasons to love the business and many ways you can build a practice that loves you back. Serving clients, he said, “is a reflection of love.”

February 14, 2023
Fly swatter striking the Department of Labor logo.

Federal judge tosses out portion of DOL rollover advice guidance

Financial advisors providing first-time advice in a plan rollover setting will not be considered fiduciaries – at least for the time being.

February 14, 2023

Inflation clicks higher than expected, ensuring rate hikes

Food and energy prices continue to push inflation, but LPL Financial analysts are seeing the case for a soft landing this year.

February 14, 2023

Fix of ‘family glitch’ could add to record 16.3M ACA exchange enrollees

While updated figures as of late January show that a record-breaking16.3 million people are enrolled in ACA health insurance exchanges, this number could grow further due to a fix in the so-called “family glitch.”

February 14, 2023
Abstract image of women.

Insurers facing widely disparate rules for reproductive health coverage

The Affordable Care Act requires most private health insurance plans to cover a set of essential health benefits, including reproductive health services.

February 13, 2023

Busting the myths about wealth management careers

What are some of the myths that prevent women and people of color from seeking careers in wealth management?

February 10, 2023
Brighthouse logo. Brighthouse surprises with solid Q2 earnings, beating estimates.

Brighthouse sees record annuity year, while life insurance lags

Although Brighthouse Financial is focused on registered index-linked annuities, the company had a boost in fixed deferred annuities in the fourth quarter because of high interest rates.

February 10, 2023
Apollo, Athene logos.

Apollo touts new products, distribution with No. 1 Athene this year

Apollo rides to a good year with Athene’s strong fixed index annuity sales and vows to take on all comers in the space.

February 10, 2023
Lincoln Financial reported 4th quarter earnings Wednesday.
It has been a struggle in recent quarters for Lincoln Financial.

Lincoln ‘selling on our terms’ as it rebounds from lost quarter

Lincoln Financial took a few small steps in its turnaround during the fourth quarter, eking out $6 million in net income.

February 10, 2023
Studies provide snapshot of critical illness insurance market.

Studies provide snapshot of growing critical illness insurance market

With about two-thirds of companies surveyed expecting to increase their focus on CI insurance over the next few years, the market is growing rapidly, with a global market value of $354 billion expected by 2031, according to recent studies.

February 9, 2023
KKR logo.

KKR’s Q4 earnings beat analyst estimates

Global fund manager KKR said a surge in management fees, assets under management, and new business growth in its insurance subsidiary, boosted fourth earnings that vastly blew past Wall Street estimates.

February 9, 2023
PIcture of Equitable Holdings logo.

Equitable Holdings calls Q4 results ‘strong,’ despite missing analyst expectations

Financial services and insurance firm Equitable Holdings defended its 2022 fourth quarter and year-end results, calling them “strong” when considering the tough economic and market environments. The company blamed the results, which badly missed Wall Street expectations, on lower markets, hedging and non-performance risk under GAAP accounting.

February 9, 2023
Prudential is coming off a tough quarter.

Prudential rides out Assurance IQ struggles with 4th quarter loss

Prudential Financial executives stressed strong financials even as the insurer announced a $558 million loss for the fourth quarter 2022.

February 9, 2023
Family fights over nearly nulled life insurance benefits.

Family fights over nearly nulled life insurance benefits

A New York appeals court allows a family to fight over benefits from a policy that two beneficiaries would have let lapse if it weren’t for their mother, who now wants to cut them out.

February 8, 2023
IRS: hold off filing taxes while we decide whether you owe more.

IRS: Hold off filing taxes while we decide whether you owe more

For those in several states who think they have a big refund coming, the IRS wants them to delay filing their taxes until it can figure out whether they owe more from rebates received last year.

February 8, 2023
Annual 2022 health premiums steady, but may be ‘calm before the storm’.

Survey: Annual 2022 health premiums steady, but may be ‘calm before the storm’

Annual family premiums for employer-sponsored health insurance averaged $22,463 last year, according to a recent KFF survey. The average premium for family coverage has increased 20% over the last five years and 43% over the last ten years.

February 7, 2023
Passage of the Secure Act 2.0 brings retirement crisis into focus.

Passage of the Secure Act 2.0 brings retirement crisis into focus

Recent statistics and surveys paint a scary picture of an aging American population that doesn’t understand the financial realities of retirement. The Secure 2.0 Act has helped shine a light on this issue.

February 6, 2023
Study examines why consumers have confidence in making financial decisions.

Study examines why consumers have confidence in making financial decisions

A recent study found that having – or not having – prior knowledge is what influences consumers most when it comes to making a financial decision.

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