Life Insurance And Annuities

Displaying 3390 results
Despite basic awareness, life insurance gaps still plague Americans
LIFE INSURANCE AND ANNUITIES AUG 14, 2024
Despite basic awareness, life insurance gaps still plague Americans

New Corebridge survey reveals false beliefs around costs, uncertainty on coverage, and what motivates people to get insured.

By Leo Almazora
US annuity sales reach record high in the first half of 2024
LIFE INSURANCE AND ANNUITIES JUL 25, 2024
US annuity sales reach record high in the first half of 2024

Annuities have benefited from favorable economic conditions and the Federal Reserve not cutting interest rates this year, says Limra head of research.

By Jonalyn Cueto
Leveraging private placement life insurance as a tax strategy for HNW clients
OPINION JUL 19, 2024
Leveraging private placement life insurance as a tax strategy for HNW clients

With several key factors influencing a complex product, it's essential advisors are well versed on its portfolio positioning.

By Chad Druvenga
The benefits of including annuities as an RIA
RIA NEWS JUL 16, 2024
The benefits of including annuities as an RIA

Annuities generate and increase revenue, and provide structural advantages, DPL founder and CEO says.

By Josh Welsh
DOL is overreaching its authority again, fiduciary rule critics tell Texas federal court
RETIREMENT PLANNING JUL 16, 2024
DOL is overreaching its authority again, fiduciary rule critics tell Texas federal court

Representatives of life insurance and annuity issuers argue the labor department’s defense suffers the same weaknesses as its 2016 predecessor.

By Leo Almazora
Nationwide names next leader for annuity business
LIFE INSURANCE AND ANNUITIES JUL 15, 2024
Nationwide names next leader for annuity business

Industry veteran Craig Hawley set to take over as leader of Nationwide Annuity pushes through with retirement.

By Leo Almazora
RIAs’ economic optimism holds steady, but concerns are brewing
RIA NEWS JUL 11, 2024
RIAs’ economic optimism holds steady, but concerns are brewing

Quarterly index research reveals heightened worries over inflation, politics, and market turbulence in the next 12 months.

By Leo Almazora
Lincoln takes $300k fine over VUL marketing arrangement
LIFE INSURANCE AND ANNUITIES JUL 10, 2024
Lincoln takes $300k fine over VUL marketing arrangement

The firm breached Finra rules when it directed some $2.9M in compensation to go to an unregistered entity, the regulator said.

By Leo Almazora
UBS faces $850k fine over years-long wire transfer supervision failure
LIFE INSURANCE AND ANNUITIES JUL 09, 2024
UBS faces $850k fine over years-long wire transfer supervision failure

The firm’s failure to flag a rogue representative’s unapproved transactions led to more than $7.2M in losses for at least 30 customers, says Finra.

By Leo Almazora
Mortgage and credit card debt a reality for over a quarter of retired investors
RETIREMENT PLANNING JUL 08, 2024
Mortgage and credit card debt a reality for over a quarter of retired investors

More retirees are discarding traditional strategies as higher expenses and obligations put them on the financial back foot.

By Leo Almazora
GE sued over $1.7 billion pension risk transfer
LIFE INSURANCE AND ANNUITIES JUL 03, 2024
GE sued over $1.7 billion pension risk transfer

The company is the latest targeted over annuity deals with Athene Annuity and Life Co.

By Emile Hallez
One-third of healthcare workers aren’t confident about retirement
RETIREMENT PLANNING JUL 02, 2024
One-third of healthcare workers aren’t confident about retirement

Despite 91 percent being in a workplace savings plan, uncertainty over saving, debt, and other issues are making healthcare employees doubtful.

By Leo Almazora
SEC updates annuity disclosure rules for RILAs, MVAs
LIFE INSURANCE AND ANNUITIES JUL 01, 2024
SEC updates annuity disclosure rules for RILAs, MVAs

The amendments aimed at fostering a more tailored approach to disclosure for non-variable annuities sparked concerns for one dissenting commissioner.

By Leo Almazora
Retirees spend twice as much when they have guaranteed income, research finds
RETIREMENT PLANNING JUL 01, 2024
Retirees spend twice as much when they have guaranteed income, research finds

Most people don't plan bequests and many unnecessarily cut back on discretionary spending in retirement, according to a paper from an industry group.

By Emile Hallez
New fiscal spending bill threatens DOL fiduciary rule
RETIREMENT PLANNING JUN 27, 2024
New fiscal spending bill threatens DOL fiduciary rule

The proposed legislation governing funds for fiscal year 2025 would hamper the agency’s ability to administer, implement, or enforce the rule.

By Leo Almazora
Finra bars two ex-Raymond James advisors who sold unapproved products
INDEPENDENT BROKER DEALERS JUN 25, 2024
Finra bars two ex-Raymond James advisors who sold unapproved products

Firms must take reasonable steps to avoid financial advisors' selling away, one compliance expert noted.

By Bruce Kelly
With 10 years to go, near-retirees have a shot to avert the midlife retirement crisis
RETIREMENT PLANNING JUN 24, 2024
With 10 years to go, near-retirees have a shot to avert the midlife retirement crisis

Prudential Life says there’s hope for 55-year-olds even as trends of inflation, disappearing DB pensions and “silver squatters” wear on.

By Leo Almazora
DC plan sponsors are turning their attention to retirement income
RETIREMENT PLANNING JUN 11, 2024
DC plan sponsors are turning their attention to retirement income

New PIMCO study underscores trends in non-guaranteed income solutions, QDIAs, and diverging approaches to address retirees' needs.

By Leo Almazora
Principal client wins $7 million claim involving annuities
INDEPENDENT BROKER DEALERS JUN 10, 2024
Principal client wins $7 million claim involving annuities

'The evidence further reflected a pattern of churning,' one executive said about the case.

By Bruce Kelly
Cetera builds insurance planning muscle with Fidelity alum
RETIREMENT PLANNING JUN 10, 2024
Cetera builds insurance planning muscle with Fidelity alum

The firm’s new head of advanced wealth solutions comes with deep expertise in retirement income, life insurance, and annuities.

By Leo Almazora