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Ruling is Stoli setback for Principal Life
A federal court decision in Pennsylvania has notched a win for life settlement investors.
Banks missing a trick by not selling insurance: Survey
Sales of insurance — as well as investment products — tends to attract more profitable customers; big edge in trust over brokerages
Decision to keep rates low could hurt interest in annuities
Reduced commissions for agents, more tweaking to annuities and lower profitability could be in store for life insurers…
MetLife, Axa limiting customer contributions to certain variable annuity purchases
MetLIfe, Axa curbs on clients' VA additions a way to rein in market exposure amid tough economy
Carriers look beyond variable annuities
In a bid to appeal to fee-based and fee-only financial advisers, life insurers are resurrecting a once-forgotten product intended to generate a steady stream of retirement income outside the VA arena.
SEC fraud case could give new life to life settlements controversy
Life Partners accused of misleading shareholders about mortality estimates; securities or not?
Fee-based advisers are warming up to VAs
Slowly but surely, fee-based and fee-only advisers are beginning to warm up to variable annuities.
Focusing on ‘yield chasing,’ Finra issues watch list
In a market defined by low interest rates, investors are searching for higher returns. But brokers had…
Elderly couple: Rep told us to put our IRA into life settlements
But ex-broker refutes claim, says clients performed their own due diligence
Pru settles with 20 states over unclaimed death benefits
Agreement requires insurer to step up cross referencing to locate unpaid beneficiaries
CEO rips GOP, Dems for fiscal irresponsibility
In a speech delivered to a group of private investors on Feb. 15, Robert Rodriguez, managing partner and CEO of First Pacific Advisors, warned of ongoing market instability if the federal government doesn't make “credible and material fiscal reforms” by the end of 2013.
Biggest expense for Americans over 50? Not health care
Out-of-pocket costs on drugs and medical insurance are the second-most-costly item for older folks.
Tardy TD enters VA race
Brokerage rolling out low-cost variable annuities for RIAs; direct sales to consumers the endgame
Others retreat, but this carrier is charging into the VA business
Sammons to launch new product with large investment menu; hawking the tax benefits, not the living benefits
Campaign has Betty White pitching ‘hot’ life settlements
Actress Betty White is the celebrity pitchwoman for life settlements provider The Lifeline Program and also stars in the firm's viral YouTube video, “I'm Still Hot.”
White’s "hot’ pitch
Betty White, America's favorite Golden Girl and star of TV's “Hot in Cleveland,” is now hot on life…
Insurer-owned indie B-Ds going the way of VHS?
Once the dominant player in the industry, carriers seeing reps exit; consolidation puts squeeze on
Life settlement notes turn out to be killer for Tex reps
Pair of brokers in Lone Star state suspended for selling bogus promissory notes from now-defunct National Life Settlements; 'We were fooled'
NAIFA’s Robert Miller pushes for compromise on fiduciary issue
Robert Miller isn't a typical member of the National Association of Insurance and Financial Advisors
New Allianz Life boss won’t tinker with controversial distribution model
Indexed annuity program rewarding big Allianz sellers with exclusive products here to stay