LIMRA LOMA launches fiduciary rule help center
'We will host several events, where industry leaders tasked with implementation can share their ideas and perspectives on the challenges created by the DOL fiduciary rule," said a release from the...
View ArticleWith DOL in mind, Insurance wholesaler starts an RIA
'With the pending DOL rule, we feel that Sawtooth is helping us to be uniquely positioned to help our advisors satisfy the requirements of the new rule,” said a release from Advisors Excel in Topeka,...
View ArticleLincoln adds new death benefit to VA as tax buffer
The "Earnings Optimizer" will cost 40 basis points per year for contracts owners or annuitant under age 70. The cost will be 70 basis points per year for those ages 70 to 75.
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleBright Ideas from the SOA Investment Meeting
Last week, the Society of Actuaries held its investment conference in New York. We weren't far from the brass statue of the Wall Street bull, but the sell-side's unquenchable optimism about the future...
View ArticleThe Reverse Mortgage Puzzle
With so many Boomers retiring with low average savings but high average home equity, demand for government-insured reverse mortgages, or HECMs, should be growing. Instead, it's shrinking. Here's why.
View ArticleSurprise: DOL Rule Targets Indexed Annuities
The DOL may have put a crimp in the sales of the hot-selling but controversial annuity product when, without specific warning, it raised the regulatory bar for the sale of fixed indexed annuities....
View ArticleThe Reverse Mortgage Puzzle, Part II
Last week we focused on the HECM product, and how it became less generous after the financial crisis. This week we examine the role of the banks—large ones and smaller ones—and their roles (or former...
View ArticleSymetra’s new indexed annuity offers rising lifetime payout rates
If a single person age 60 to 64 invested $100,000 in a Symetra Income Edge FIA contract, under the level option he or she would be eligible for a 4.5% withdrawal in the first year, 7% after five years...
View ArticleAdvisors must distinguish themselves from robots: Cerulli
'As the ‘robo’ threat stirs conversations about the cost of advice, it is more important than ever for advisors to articulate their value,' said the latest edition of The Cerulli Edge - Advisor Edition.
View ArticleDouble-digit revenue declines at Sun Life and Manulife: A.M. Best
Nine of 23 life/annuity companies reported higher revenues in 2015, but two Canadian companies, Manulife Financial and Sun Life Financial, saw revenue declines of 38.2% and 25.2%, respectively.
View ArticleHonorable Mention
Brief or late-breaking items from Millennium Trust, AARP, The American College, Allianz Life and the Teamsters Union.
View ArticleAn Overview of the Fiduciary Rule
The ERISA attorney at the firm of Drinker Biddle & Reath believes that 'broker-dealers will be affected the most by new DOL rule. Insurance companies will also need to make changes. Most RIAs will...
View ArticleWhat’s Wrong with Negative Rates
'If central banks continue to use the wrong models, they will continue to do the wrong thing,' writes the Nobel Prize-winning economist.
View ArticleVanguard again leads monthly active and passive inflows: Morningstar
Vanguard's 28.9 billion net inflow for the month was higher than inflows for the other nine largest fund companies combined. All active fund providers but American Funds and BlackRock sustained...
View ArticleFinancial / Retirement Planning Software Directory
See the detail on financial planning software including vendors, scopes, costs, and contacts.
View ArticleSocial Security Maximizer
The Social Security Maximizer is an integral tool for a retirement planner's comprehensive financial planning calculations.
View ArticleThe Reverse Mortgage Puzzle
With so many Boomers retiring with low average savings but high average home equity, demand for government-insured reverse mortgages, or HECMs, should be growing. Instead, it's shrinking. Here's why.
View ArticleSurprise: DOL Rule Targets Indexed Annuities
The DOL may have put a crimp in the sales of the hot-selling but controversial annuity product when, without specific warning, it raised the regulatory bar for the sale of fixed indexed annuities....
View Article