SEC adopts Regulation BI in 3-1 vote
The Securities and Exchange Commission (SEC) voted in favor of adopting a final amended version of the Regulation Best Interest rulemaking package on Tuesday, drawing praise from the insurance industry.
Majority of annuity premium used to create guaranteed income
Study finds those who bought annuities designed for accumulation tend to be under 61, while buyers over age 62 tend to purchase annuities designed to create guaranteed income.
Record 2022 Annuity Sales Lead to High Expectations in Q1 2023
LIMRA’s Todd Giesing predicts another record-breaking quarter to start off the year after revealing final 2022 tallies.
6 big annuity carriers boost Envestnet Insurance Exchange platform launch
Independent advisors can gain access to robust selection of variable, structured, fixed and indexed annuities on single, integrated platform.
ACLI, IRI celebrate official 18-month delay of Fiduciary Rule
Both the Insured Retirement Institute (IRI) and the American Council of Life Insurers (ACLI) applauded the Department of Labor’s decision Monday to delay provisions of the fiduciary regulation for 18 months in separate statements released Monday.
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.
How a final expense agent can break back into annuity sales
A full-time final expense agent who hasn’t done any annuity business for a decade – even though it used to be a primary focus...
Industry advocates take victory lap after House passes SECURE Act
After House passes the landmark retirement reform legislation with overwhelming bipartisan support, advocacy groups release statements urging Senate to do the same.
IRI proposes changes to the Department of Labor’s Fiduciary Rule
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) recently submitted a comment letter to the Department of Labor (DOL) regarding the DOL’s proposed fiduciary...
Pacific Life, Blueprint Income launch digital experience to modernize annuity purchasing
The collaboration’s “Next Deferred Income Annuity” offers simple, transparent way to begin building guaranteed income for retirement with as little as $100.