Next wave of fee-based FIAs hit the market
In the wake of the DOL Fiduciary Rule, the fee-based fixed indexed annuity movement continues to gain momentum with the introduction of new products this month from Nationwide and Symetra.
Brian Anderson
Prudential restructures U.S. life and annuity business in effort to expand customer value proposition
Effective in the fourth quarter of 2017, Prudential Financial's five U.S. businesses will be aligned under three groups oriented to the needs of specific customers.
DOL wants more public input on Fiduciary Rule
Comments - some due by July 21 - seek input on whether to delay the Jan. 1 full implementation date and suggestions for streamlining the Rule's major provisions.
Partial Fiduciary Rule implementation starts Friday – with no enforcement
Expanded definition of who is a fiduciary and impartial conduct standards set to take effect June 9, but DOL won’t enforce provisions until start of next year.
Insurtech Updates: Launches, expansions, partnerships and more
Plenty of news being made at startups Lemonade, Ladder, Fabric, Root and Quilt and details about the market's biggest event.
InsureTech Spotlight: Hurdlr app lets agents track income, expenses and taxes instantly
Time saving, mobile-first financial product for self-employed workforce has lots of benefits for independent producers.
DOL Fiduciary Rule will go into effect June 9
Labor Secretary Acosta announces initial implementation will begin June 9 as the agency will continue to review the rule up until final implementation on January 1, 2018.
FINRA Chair: Even if Trump repeals Fiduciary Rule, it has already reshaped industry
As industry associations including NAFA and IRI scramble to push for further delay of the scheduled June 9 initial implementation, FINRA Chairman Jack Brennan this week said whether or not the rule becomes law is now almost beside the point.
Industry orgs urge new Labor Secretary Acosta to delay Fiduciary Rule’s June 9 implementation
Just as soon as the U.S. Senate confirmed Alexander Acosta as Secretary of Labor on April 27, a variety of insurance and financial services industry ... Read more
Fidelity & Guaranty Life terminates $1.6 billion merger with Anbang
Fidelity & Guaranty Life has terminated its previously announced $1.6 billion merger agreement with Beijing, China-based Anbang Insurance Group, according to an April 17 statement ... Read more
