SEC’s Regulation BI to Undergo Scrutiny in March 14 Congressional Hearing
Pointed questions sure to come when Democratic committee leadership convenes hearing on the controversial SEC proposal.
Annuities
Vacated Fiduciary Rule, higher interest rates lead to record 2018 annuity sales
Total annuity sales have best quarter in a decade, led by fixed annuity sales hitting all-time high, LIMRA Secure Retirement Institute reports.
Protective Life enters $1.2B agreement with Great-West to reinsure individual life and annuity business
When closed, transaction will be the largest acquisition in Protective Life’s history.
Advisors on carriers: Product and fees are important, but service is the differentiator
While product features and competitive costs will initially get an advisor’s attention, ongoing service and support will keep it, a new LIMRA/EY study finds.
Transamerica opens state-of-the-art lab to evolve its business-building platform through agent input
Transamerica recently announced the opening of the Innovation Zone, a state-of-the-art lab in Johns Creek, Ga., where agents are welcome to review new technology as well as test and offer feedback on the future of these platforms.
Lion Street introduces platform offering path to independence for captive agents
New platform aims to show successful agents the value of true independent firm ownership.
Long search ends with Allianz exec being tapped as new leader at NAFA
After a nine-month search, the National Association for Fixed Annuities announces Charles J. “Chuck” DiVencenzo
will take over as its new President & CEO on April 1.
MDRT delivers new meeting focused on needs of U.S. and Canadian members
MDRT EDGE delivered a customized learning experience with a focus on providing up-to-date socio-political trends and exemplary industry practices to Engage, Develop, Grow and Empower its members’ businesses.
Advisors adding more services to better meet needs of retirees, pre-retirees
Analysis from the LIMRA Secure Retirement Institute shows that financial professionals across all channels are increasingly offering a broad array of common products and services to better help older Americans achieve retirement security.
FIAs smash sales record for second straight quarter, up 38% from 3Q 2017
Year-to-date, Fixed Indexed Annuity sales are 22% higher than the first three quarters of 2017. Variable annuity sales continue to rebound, increasing 25% from prior year according to 3Q sales report from LIMRA Secure Retirement Institute.
