Millennials making progress toward retirement saving, but Social Media is an Achilles’ heel

New study from Allianz Life finds parents’ bad experiences also impact millennial financial behavior; Study also shows boomers finally showing signs of optimism about their retirement readiness.

World’s Best (budget-friendly) Places to Retire in 2018: Costa Rica takes top spot

Those approaching retirement without the funds to do so comfortably stateside may be interested in InternationalLiving.com’s recently released ranking of the “World’s Best Places to Retire.” IL also offers its “5 Most Affordable Retirement Havens” and “6 Top Retirement Spots where the Climate is Great.”

Business owners’ love of work may hinder succession planning

Nationwide draws parallel between number of business owners with no plans to retire and lack of succession plan in new study. Two in three business owners report not having one in place.

Tech, innovation and evolution of DC plans drive LIMRA predictions for 2018

One specific prediction is that defined contribution (DC) plans will evolve to provide more options for contract or independent workers. LIMRA has also announced a focus on agent retention for its upcoming Distribution Conference.

With DOL rule delayed, New York proposes its own consumer protections for life and...

Proposed regulation would require that life insurance and annuity sales meet a "Best Interest" standard that protects consumers from unnecessarily high costs and conflicted financial advice.

Home offices providing little help with succession planning programs

New research finds most home offices provide scant resources to assist financial professionals in developing succession planning programs – and few advisors take advantages of resources available.

Repeal of federal estate tax included in GOP tax reform framework

The elimination of the federal estate tax is indeed included in the tax reform “framework” plan proposed Wednesday by President Trump and Republican leaders in Congress. How could it impact the life insurance market?

LIAM updates: Podcast debunks 5 myths about life insurance; Guardian releases educational videos

There are many myths circulating around consumers’ perceptions about life insurance. For example, do consumers believe life insurance is irrelevant? How do they want...

ACLI marks Life Insurance Awareness Month with new research showing path to financial security

Study dispels myth that income levels alone guarantee financial security, and identifies characteristics and common practices that contribute to a household's financial security. As we near the midpoint of this year's LIAM campaign, LIMRA also offers facts and figures to help spur prospects to action.

MDRT appoints Pittman as its 92nd President; New York Life continues to dominate U.S....

The Million Dollar Round Table recently introduced James D. Pittman, CLU, CFP, as its President, and a review of newly updated membership figures show NYL agents make up more than 1 in 4 U.S. members.