Five senators want the fiduciary rule to return from ‘vacation’
'If the Department does not appeal the Fifth Circuit’s decision, or it is not overturned on appeal, what will the Department do in the future to protect retirement savers...
It’s official: Lincoln’s indexed variable annuity has arrived
The contract's costs, other than those embedded in the performance caps and floors, are 40bps for an income rider, 10 to 30bps for a death benefit and administrative fees,...
As the discount rate rises, so do pension funding ratios: Milliman
Milliman's forecasts for the discount rate range from a high of 4.43% by end of 2018 and 5.03% by end of 2019 to a low of 3.63% at end...
Honorable Mention
Mutual fund assets down again, says Cerulli; TIAA calls for infrastructure lending reforms; MassMutual publishes research on Asian Americans; John Hancock hires Infosys for digital modernization; Apple leads all...
Indexed annuities sales up in 1Q2018: LIMRA
As for structured annuities, LIMRA is now using the term “registered indexed-linked annuities” to describe them and will include them in its overall variable annuity sales figures. These products...
Pressure to reinsure VA riders may ease: A.M. Best
The National Association of Insurance Commissioners (NAIC) is trying to modify reserve and capital requirements for variable annuity riders so that non-economic volatility is diminished, A.M. Best reported.
Ascensus to buy ASPERIA
ASPERIA (formerly Group Health & Benefit Administrators, Inc.), will become part of Ascensus’ TPA Solutions division.
InsurMark receives infusion from Simplicity
InsurMark now identifies as itself as ADO, or Advisor Development Organization. The repositioning reflects an emphasis on 'helping advisor-clients optimize the value of their business.'
