Nationwide on indy side: Carrier to transition to full independent agency distribution model by...

Approximately 2,000 existing agents who have been operating under the Nationwide brand may transition to an independent agency model or could stay captive under another carrier.

4 in 10 Boomers still have no retirement savings; yet only 3 in 10...

Baby boomers remain in large measure unprepared for retirement, having failed both to plan adequately and save enough, according to new study.

Turnover at the top: 4 key industry associations replacing CEOs

There may have never before been so much turnover within the top administrative posts of the life & health insurance industry’s leading national associations as we have seen in the past year – or perhaps even just the past month.

Zenith Marketing Group partners with Ash Brokerage

Zenith Marketing Group, a full service insurance brokerage agency based in Freehold, N.J., is joining Ash Brokerage, the largest privately held insurance brokerage in the United States, the companies announced recently.

After Fifth Circuit vacates Fiduciary Rule, NAFA & DOL agree to drop lawsuit

If the DOL does not seek a review of the decision by April 30, the court’s mandate will go into effect May 7, dissolving the rule. The DOL also has until June 13 to ask the U.S. Supreme Court to hear its appeal of the decision.

Annuity sales fall 8% in 2017 due to economic and regulatory challenges

Variable annuity sales dip 9%, marking first time in 20 years that annual VA sales fell below $100 billion. Jackson National Life, New York Life and Allianz Life top sales in variable annuities, fixed annuities and indexed annuities, respectively.

Majority of Americans still unsure about full benefits of permanent life coverage

Allianz Life’s 2018 Life Insurance Needs Survey finds consumers interested but undereducated about living and tax benefits of whole life, which provides an opportunity for financial professionals to bridge the education gap.

NAFA searching for new leader to tackle long-term goals

Chip Anderson will be stepping down after three years as fixed annuity association hopes to have a new Executive Director on board in time for its mid-June leadership conference. NAFA is also urging financial professionals to tell Congress to pass the Retirement Enhancement and Savings Act (RESA) before the upcoming budget deadline of March 23.

Agents Behaving Badly Part V: Five recently charged or sentenced due to insurance fraud

A fearsome fivesome for the fifth installment of our occasional series on ethics-challenged agents running afoul of the law.

Retirees who own an annuity are more confident about maintaining lifestyle

Study finds the retiree annuity ownership rate is nearly 70% higher among households that have completed a formal plan than households without plans, yet advisors report they have completed formal retirement income plans for only 35% of their retired clients.