Coronavirus pandemic erodes Americans’ economic confidence, fuels financial concerns
New LIMRA study finds just 1 in 4 Americans have a favorable view of the economy, down 31 points from January’s record high.
Retirement Planning
Congress finalizes $2 trillion coronavirus relief bill including retirement plan aid
Legislation allows limited, early withdrawals from retirement accounts, deferred RMD in 2020.
Gen X, Millennials likely to support aging parents… but aren’t planning for it
New research from AgeUp reveals a majority of Millennials and Gen Xers expect to financially support their parents in their old age, but few are ... Read more
The American College announces 2019 winner of its top honor
Fred Jonske will receive the 2019 Solomon S. Huebner Gold Medal on Friday night for his leadership in the financial services industry and dedication to furthering the mission of The American College.
82% of Americans nervous they will be impacted by a recession in the next year
MDRT says advisors are “sources of reassurance” and should use this as an opportunity to support their clients and elevate their role and credibility in the financial services industry.
Multi-line agents can grow by helping clients with life insurance, retirement planning
Middle-market focused P&C agents have opportunity in selling to existing clients, LIMRA research finds.
AALU, GAMA merging to form new organization representing ‘financial security profession’
First-of-its-kind organization will bring together GAMA's leadership and professional development strengths and AALU's best-in-class advocacy in a new yet-to-be-named entity intended to unify the entire profession.
People worried about market volatility in retirement should consider whole life, report finds
Study by Wade D. Pfau and Michael Finke shows how cash value can help protect against risk from market downturns.
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.
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.
