New Hire Roundup: Casares Joins Genworth; Stratos Adds Three
This week in new hires, Rico Casares joined Genworth Wealth Management, and Stratos Wealth Partners welcomed three advisors to two new offices.
Consumers Drastically Overestimate Life Insurance Costs
Consumers are confused about the cost of life insurance, overestimating its cost by nearly three times, a report from LIMRA and the LIFE Foundation found.
New Hire Roundup: Solomon Named to SEC; Securities America Welcomes Lindsey
This week in new hires, Matthew Solomon joined the SEC's enforcement division and John Lindsey went to Securities America.
Top 20 Companies for Annuity Sales
Although sales of annuities fell in the second half of 2011, first-half sales were so strong they propelled total sales up by 8% in 2010, to $240.3 billion, says a LIMRA report.
The Hartford Exiting Life, Annuity Business, Exploring Sale of BD Woodbury
The Hartford says it plans to concentrate on its mutual fund and property and casualty operations.
Financial Advisors Trusted Source for Help Understanding Retirement Issues: LIMRA Survey
More than a third of Americans say they trust financial advisors most when it comes to understanding retirement issues, LIMRA reported on Friday.
Retiree Confidence Returning to Pre-Crisis Level
Retirees are returning to their 2008 attitudes about finances, even if they’re not quite there yet. Retirees feel more financially secure now than they did in 2009, the last time the survey was conducted.
Variable Annuity Activity Rises in Q2
A pair of reports released this week from LIMRA and the Insured Retirement Institute found that variable annuities remain a popular investment in 2011.
Variable Annuity Sales Up in Q4 2010: LIMRA
LIMRA announced Wednesday that variable annuity sales for the fourth quarter improved 17% over the same period one year ago to reach $38.5 billion.
Whole, Universal Life Sales Continue to Grow in Q3
Once again, sales in whole life and universal life drove success in life insurance sales,according to LIMRA's U.S. Individual Life Insurance Sales survey.