Life Insurance And Annuities

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Watch that RMD deadline, and other advice from the Retirement Income Summit
RETIREMENT PLANNING AUG 17, 2020
Watch that RMD deadline, and other advice from the Retirement Income Summit

Despite the relief provided by the CARES Act, people are more worried about retirement than ever, and their concept of it is changing, panelists said

By Emile Hallez
Advisers might be warming to annuities: Report
RIA NEWS AUG 14, 2020
Advisers might be warming to annuities: Report

This year's volatility has some near-retirees worried about protecting their assets, and the insurance products are one way of doing that

By Emile Hallez
Annuities and the 'great retirement reset'
RETIREMENT PLANNING AUG 10, 2020
Annuities and the 'great retirement reset'

As COVID-19 has interrupted the retirement plans of millions, these products can play a role in their planning going forward, insurance execs said at the Retirement Income Summit

By Emile Hallez
Duo managing $200 million at Northwestern Mutual go indie with LPL
INDEPENDENT BROKER DEALERS AUG 06, 2020
Duo managing $200 million at Northwestern Mutual go indie with LPL

Scott Dudley and David McQuade form Stirling Financial Group in San Diego

By InvestmentNews
Trade association pushes retirement savings provisions for next COVID relief bill
RETIREMENT PLANNING AUG 04, 2020
Trade association pushes retirement savings provisions for next COVID relief bill

The Insured Retirement Institute calls for raising RMD age, allowing catch-up retirement contributions

By Mark Schoeff Jr.
Brokerage, insurance firms raise concerns about DOL advice proposal
RETIREMENT PLANNING JUL 31, 2020
Brokerage, insurance firms raise concerns about DOL advice proposal

The rewrite of the vacated Obama fiduciary rule also draws criticism from investor advocates

By Mark Schoeff Jr.
SEC orders AIG unit to pay $40 million for disclosure violations in teacher retirement plans
RETIREMENT PLANNING JUL 28, 2020
SEC orders AIG unit to pay $40 million for disclosure violations in teacher retirement plans

Effort highlights agency’s teacher initiative, but expert calls it ‘slap on wrist’

By Mark Schoeff Jr.
Annuity sales down 24% in Q2
RETIREMENT PLANNING JUL 28, 2020
Annuity sales down 24% in Q2

Nearly all types of annuities fell by double digits due to low interest rates and fallout from COVID-19

By Emile Hallez
DOL urged to address conflicts in pooled employer plans
RETIREMENT PLANNING JUL 24, 2020
DOL urged to address conflicts in pooled employer plans

But there is little consensus on how to do so, according to comment letters submitted this week to the regulator

By Emile Hallez
How to respond to a long-term care premium hike
RETIREMENT PLANNING JUL 16, 2020
How to respond to a long-term care premium hike

Weighing policy options to maintain coverage at an affordable price

By Mary Beth Franklin
Social distancing weighs on advice business: Survey
RIA NEWS JUL 09, 2020
Social distancing weighs on advice business: Survey

Prospecting is now more difficult, and advisers said they are less effective at selling products, a report from Limra and others shows

By Emile Hallez
Goldman Sachs' Ayco adds 'marketplace' for workplace clients
FINTECH JUL 07, 2020
Goldman Sachs' Ayco adds 'marketplace' for workplace clients

The firm is now providing access to investment management, insurance brokerage and other services

By Emile Hallez
Long-term care a big question in pandemic
RETIREMENT PLANNING JUL 02, 2020
Long-term care a big question in pandemic

COVID-19 has highlighted the necessity of planning for care in old age, and advisers are increasingly recommending 'hybrid' annuity or life insurance products

By Emile Hallez
DOL proposes new standard to replace vacated fiduciary rule
RETIREMENT PLANNING JUN 29, 2020
DOL proposes new standard to replace vacated fiduciary rule

The agency says the measure will ensure financial advisers act in retirement savers’ best interests

By Mark Schoeff Jr.
Annuity sales back on track by 2022: Report
RETIREMENT PLANNING JUN 18, 2020
Annuity sales back on track by 2022: Report

Economic conditions have made the products less attractive than they were last year, with one exception

By Emile Hallez
Alliance for Lifetime Income sponsors Rolling Stones ‘tour’
LIFE INSURANCE AND ANNUITIES JUN 12, 2020
Alliance for Lifetime Income sponsors Rolling Stones ‘tour’

The radio special, which will be broadcast on stations in six cities, will raise money for pandemic relief efforts

By InvestmentNews
Advisers misjudge client interest in annuities: Survey
RETIREMENT PLANNING JUN 09, 2020
Advisers misjudge client interest in annuities: Survey

Consumers are interested in guaranteed income products, but not when they're called annuities

By Emile Hallez
Pru is one contender for MassMutual's retirement business
RETIREMENT PLANNING JUN 08, 2020
Pru is one contender for MassMutual's retirement business

There's considerable overlap in the types of defined-contribution plans the two companies serve, particularly in the Taft-Hartley, government and nonprofit areas

By Emile Hallez
MassMutual looks to sell retirement biz: report
RETIREMENT PLANNING JUN 08, 2020
MassMutual looks to sell retirement biz: report

The financial services firm sold its OppenheimerFunds business a couple of years ago

By InvestmentNews
Raymond James sues Ohio National for $10 million in VA commission fight
LIFE INSURANCE AND ANNUITIES JUN 03, 2020
Raymond James sues Ohio National for $10 million in VA commission fight

Raymond James is the latest broker to join the tussle over compensation on the insurer's variable annuities

By Bruce Kelly