Sen. Warren Asks Insurers About Life and Annuity Sales Incentives
By Allison BellThe Massachusetts Democrat sent letters questioning the use of cash bonuses, incentive travel and other perks.
April 25, 2024
Industry Players Weigh In on the DOL's New Fiduciary DefinitionAnnuity distribution veterans, regulation backers and harsh critics look at what comes next.
April 24, 2024
Fiduciary Rule Regs May Cut $5,000 in Annual Fees per Annuity Pro: DOLOfficials estimate the industrywide revenue loss could be as much as $530 million per year.
April 23, 2024
DOL Changes Fiduciary Rule Advice Definition ScopeThe new "investment advice fiduciary" definition excludes sales pitches and investment education.
April 22, 2024
DOL to Release Final Fiduciary Rule Tuesday: ReportActing Labor Secretary Julie Su is set to announce the final regulation at 5 p.m., says the American Retirement Association.
April 16, 2024
New York Couple Sues Over Life Premium Finance Collateral CallsThe Aronsons thought $1.5 million in collateral would be enough. Then conditions changed.
April 16, 2024
Transamerica Hires Former Crump Life CEORobert Carney will head individual life and annuity distribution.
April 11, 2024
Fiduciary Rule Meetings Disappointed Agent GroupsAnalysts appear to be rubber-stamping the draft, the National Association of Insurance and Financial Advisors said.