Agency says the measure, which aligns with SEC and NAIC best interest rules, will ensure financial advisors act in retirement savers’ best interests.
State regulators revise model to require producers act in customer’s best interest when recommending annuity products.
Proposed suitability model revision would provide enhanced consumer protections requiring those selling annuities to act in the best interest of the consumer, and to disclose potential conflicts of interest.
Large independent distributor of life and health products unveils groundbreaking plan providing ownership for employees at every level; pays out nearly $50 million.
New special report based on year-over-year trends provides playbook to help RIAs and fee-based advisors earn more and manage more AUM.
The Hartford recently became the latest insurance company to announce bonuses or permanent raises tied to the new GOP tax bill that reduces the corporate tax rate.
According to a recent LIMRA Secure Retirement study released Sept. 26, 54% of Broker-Dealers (B-Ds) surveyed believe some of their advisors will retire rather than ... Read more
“Gamification” has become a real buzzword over the last few years: News articles and statistics about applying game mechanics to incentivize behavior are published almost ... Read more
MILWAUKEE – Northwestern Mutual recently recognized Keith Wagner, CLU, a financial advisor based in Los Angeles, as the company’s No. 1 producer in life insurance ... Read more
Full disclosure and ethical leadership: A self-imposed standard of excellence for the insurance industry
Full disclosure should be a requirement for the insurance industry. Insurers and their respective agents should volunteer critical information to current and prospective clients. While ... Read more