Effort highlights agency’s teacher initiative, but expert calls it ‘slap on wrist’
Nearly all types of annuities fell by double digits due to low interest rates and fallout from COVID-19
But there is little consensus on how to do so, according to comment letters submitted this week to the regulator
Weighing policy options to maintain coverage at an affordable price
Prospecting is now more difficult, and advisers said they are less effective at selling products, a report from Limra and others shows
The firm is now providing access to investment management, insurance brokerage and other services
COVID-19 has highlighted the necessity of planning for care in old age, and advisers are increasingly recommending 'hybrid' annuity or life insurance products
The agency says the measure will ensure financial advisers act in retirement savers’ best interests
Economic conditions have made the products less attractive than they were last year, with one exception
The radio special, which will be broadcast on stations in six cities, will raise money for pandemic relief efforts
Consumers are interested in guaranteed income products, but not when they're called annuities
There's considerable overlap in the types of defined-contribution plans the two companies serve, particularly in the Taft-Hartley, government and nonprofit areas
The financial services firm sold its OppenheimerFunds business a couple of years ago
Raymond James is the latest broker to join the tussle over compensation on the insurer's variable annuities
Two down, 48 states to go for sales rule
Regulation BI must be implemented by June 30, so why aren’t we hearing more about how brokerages are going to change the way they deliver investment advice?
Newly eligible individuals can apply online, but some older workers who lose their jobs can’t
The product is designed to be fully liquid and includes contracts from two insurers
Amy Cooper, head of insurance investment for the fund company, called the police on an African American man who asked her to put her dog on a leash
The crisis is favoring sales of buffered annuities, according to Limra's Secure Retirement Institute
