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.
Recent Retirement Planning News
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.
The elimination of the federal estate tax is indeed included in the tax reform â€œframeworkâ€ plan proposed Wednesday by President Trump and Republican leaders in Congress. How could it impact the life insurance market?
There are many myths circulating around consumers’ perceptions about life insurance. For example, do consumers believe life insurance is irrelevant? How do they want...
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.
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.
Blockchain Advisory Council established to explore opportunities in life insurance, retirement sectors
From lowering administrative and claims processing costs to expanding access to underserved markets and enabling immediate-issue products, LIMRA says blockchain has the capacity to revolutionize the financial services industry.
If the Trump Administration achieves its stated objective of repealing the federal estate tax, insurers predict it will have a negative impact on survivorship life insurance sales and likely retention, as well.
New study illustrates how Americans with financial advisors feel significantly more prepared for retirement, optimistic about the economy, and less stressed out. Another study shows women experience much higher financial stress levels than men.
Sixty-eight percent of consumers who identify as middle class feel it is getting harder to be able to live a middle class lifestyle, according to a new report released by LIMRA and Maddock Douglas.
A new consumer survey by Voya Financial's Annuities and Individual Life businesses reveals that many Americans might be willing to risk their financial security to keep some of their most-valued items.