Life Application Activity Cools
By Allison BellBut activity was stronger for older people seeking whole life coverage.
July 11, 2024
Life Insurers Have $234B in Exposure to ApartmentsMore than 4% of annuity assets might be tied to multifamily housing, according to a new Moody's report.
July 11, 2024
Social Security COLA Estimate for 2025 Drops to 2.7% on Cooler Inflation DataLower inflation in June has pushed down the projected adjustment to retirement benefits next year.
July 10, 2024
Lawmakers Advance Two Measures to Kill DOL Fiduciary RuleA resolution of disapproval and a spending bill blocking the rule now move to the full House.
July 10, 2024
New Jersey Opens Auto-IRA ProgramParticipation is mandatory for established employers with at least 25 workers and no retirement plan.
July 10, 2024
S&P 500 Tops Historic 5,600 Mark as Big Tech SoarsThe options market is betting the S&P 500 Index will move 0.8% in either direction Thursday when CPI data for June is released.
July 10, 2024
Best & Worst Firms for Advisor Satisfaction: J.D. Power, 2024In an unusual finding, average satisfaction of emloyee advisors was higher than that of their independent counterparts.
July 10, 2024
Broker Violated Reg BI With Mutual Fund Switches: FINRAThe Class A share switches in two older clients' accounts led to nearly $41,000 in excessive fees, FINRA says.