Life Insurance And Annuities

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Massachusetts fiduciary rule won’t cover variable annuity sales
RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 26, 2020
Massachusetts fiduciary rule won’t cover variable annuity sales

The Securities Division says the state considers VAs to be insurance products, not securities

Bear market would bode well for fixed annuities: reports
RETIREMENT RETIREMENT PLANNING FEB 24, 2020
Bear market would bode well for fixed annuities: reports

Low interest rates are hampering sales, but the SECURE Act and the threat of a market correction could change that

Using trusts to fill the void of stretch IRAs and 401(k)s
RETIREMENT RETIREMENT PLANNING FEB 19, 2020
Using trusts to fill the void of stretch IRAs and 401(k)s

The SECURE Act's 10-year window will cause many beneficiaries to spend rather than save, panelists said in an InvestmentNews webcast

Annuity sales hit record in 2019 thanks to new breed of VA
RETIREMENT RETIREMENT PLANNING FEB 18, 2020
Annuity sales hit record in 2019 thanks to new breed of VA

Strong fixed annuity sales and growing demand for registered index-linked annuities fuel last year's sales gain, according to a report from the Secure Retirement Institute

Finra bars no-show former Woodbury broker
RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 14, 2020
Finra bars no-show former Woodbury broker

Regulator was investigating Ronald Hannes for taking client funds intended to be used for life insurance

State regulators approve best-interest standard for annuity sales
RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 13, 2020
State regulators approve best-interest standard for annuity sales

Now individual states must adopt the measure through legislation or rule-making

A convicted felon barred twice from selling securities, this adviser clings to insurance
RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 13, 2020
A convicted felon barred twice from selling securities, this adviser clings to insurance

What does it take for an insurance agent to lose his license?

Trump budget could lead federal workers to put less money in Thrift Savings Plan
RETIREMENT RETIREMENT PLANNING FEB 12, 2020
Trump budget could lead federal workers to put less money in Thrift Savings Plan

His proposed budget for 2021 lays out cuts to federal retirement benefits that would total $92 billion by 2030

BofA starts selling benefits packages to corporate banking customers
RETIREMENT RETIREMENT PLANNING FEB 12, 2020
BofA starts selling benefits packages to corporate banking customers

The company is pursuing more business with those clients by providing 401(k)s, HSAs and other benefits

Plan advisers get some relief on proposed California privacy regs
RETIREMENT RIAS FEB 10, 2020
Plan advisers get some relief on proposed California privacy regs

The state's new data-privacy law created a disclosure headache

Brokerage groups spend more on lobbying than adviser organizations
RETIREMENT RIAS FEB 07, 2020
Brokerage groups spend more on lobbying than adviser organizations

The top issues that groups targeted for Capitol Hill influence were the SECURE Act and a financial transactions tax

Ohio National settles with Kestra over VA commissions
RETIREMENT RETIREMENT PLANNING FEB 07, 2020
Ohio National settles with Kestra over VA commissions

The insurer faces one less lawsuit over its termination of trail compensation

Annuities are heading to 401(k)s
RETIREMENT RETIREMENT PLANNING FEB 06, 2020
Annuities are heading to 401(k)s

The SECURE Act makes it more likely that employer-sponsored plans will add insurance products, and advisers will have ample opportunities to help clients

After Rolling Stones tour, annuity group turns to research
RETIREMENT RETIREMENT PLANNING FEB 05, 2020
After Rolling Stones tour, annuity group turns to research

The SECURE Act could boost annuities in 401(k)s, and an industry group wants to help insurers break into that market

Trade associations plan to step up political spending in campaign year
RETIREMENT RIAS FEB 03, 2020
Trade associations plan to step up political spending in campaign year

The Financial Services Institute and an insurance group are among those varying from their pace in previous cycles

Banned from selling securities but still hawking insurance
RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 28, 2020
Banned from selling securities but still hawking insurance

Three salesmen barred for selling the Woodbridge Ponzi scheme still have state licenses to sell insurance

Lincoln annuity seeks to ride TDFs' coattails
RETIREMENT RETIREMENT PLANNING JAN 24, 2020
Lincoln annuity seeks to ride TDFs' coattails

Its new guaranteed-income annuity is the first to invest solely in target-date funds

Security Benefit's legal woes over indexed annuities persist
RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 24, 2020
Security Benefit's legal woes over indexed annuities persist

Ten plaintiffs have teamed up in a class action alleging that the insurer misled contract holders about the performance of its proprietary indexes

TIAA will offer HSA to its retirement plan clients
RETIREMENT RETIREMENT PLANNING JAN 23, 2020
TIAA will offer HSA to its retirement plan clients

Accounts will offer TIAA and Nuveen mutual funds

Small brokers push bill to ease audit rules despite challenging political environment
RETIREMENT RIAS JAN 22, 2020
Small brokers push bill to ease audit rules despite challenging political environment

Legislation impacting financial advisers tries to get traction amid impeachment, election