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  • Individual Life Application Activity Continues to Rise: MIB

    {March 15th, 2021} by Allison Bell

    More Americans applied in February to get themselves covered against the risk of death. Overall life insurance application activity was 7.3% higher last month than in February 2020, according to MIB Group Inc.’s latest individual life application activity report. In January, life application activity was up 3.9% from a year earlier. MIB is a Braintree, […]

    Jackson Once Again Named “Call Center of the Year” by SQM

    {March 15th, 2021} by Jackson National Life Insurance Company

    LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company® (Jackson®) was recognized with four awards from Service Quality Measurement Group, Inc. (SQM)1 for excellence in contact center service in 2020. For the second year in a row, Jackson was awarded SQM’s top honor — Call Center of the Year — for earning the highest combined ratings for customer and employee experience among a […]

    Latest U.S. Primerica Survey Finds Americans Are Less Confident About Their Finances Compared to Three Months Prior

    {March 15th, 2021} by Primerica

    DULUTH, Ga.–(BUSINESS WIRE)–The latest U.S. Middle-Income Financial Security Monitor from Primerica (NYSE: PRI) finds that the majority of middle-income families are still optimistic about their economic future, while many are experiencing financial stresses and are unprepared for the future. 57% say their financial situation is in good shape, while 59% report their income is falling behind the […]

    Best’s Special Report: U.S. Life/Health Sector Credit Rating Upgrades Outnumber Downgrades in 2020

    {March 15th, 2021} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–Despite the pandemic, the U.S. life/health industry saw positive Credit Rating action in 2020, with the number of downgrades and ratings put under review declining compared with the previous year, according to a new AM Best report. The Best’s Special Report, titled, “Life/Health Rating Upgrades Outnumber Downgrades in 2020,” states that rating upgrades remained essentially flat […]

    Millennial and Gen Z Workers Are Struggling Most During the Pandemic

    {March 15th, 2021} by The Standard

    PORTLAND, Ore.–(BUSINESS WIRE)–One year into the COVID-19 pandemic, a new study shows younger workers (ages 18 – 40) are struggling the most with mental health and substance abuse. Fifty-nine percent of Millennials and 71% of Gen Z workers now report mental health issues as compared to 22% of Boomers and 35% of Gen Xers. Serious […]

    David Lacusky to Lead Next-Generation Sales Strategy at Global Atlantic

    {March 15th, 2021} by Global Atlantic Financial Group

    NEW YORK–(BUSINESS WIRE)–Global Atlantic Financial Group, a leading annuity and life insurance company, today announced the appointment of David Lacusky as Senior Vice President and Director of Strategy & Internal Sales for Individual Markets. He will report to Global Atlantic’s Head of Sales, Sam Barnett. “Dave is a proven, growth-oriented sales executive, and I’m thrilled […]

    Lincoln Financial Group Names John Kennedy President of Lincoln Financial Distributors

    {March 15th, 2021} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE:LNC) today announced that it has appointed John Kennedy as executive vice president and president of Lincoln Financial Distributors (LFD). He will be a member of Lincoln’s Senior Management Committee and report to Lincoln president and CEO Dennis R. Glass. The company also announced that Ellen Cooper, executive vice president, […]

    AM Best Affirms Credit Ratings of RBC Life Insurance Company

    {March 15th, 2021} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of RBC Life Insurance Company (RBC Life) (Mississauga, Ontario). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect RBC Life’s balance sheet strength, which AM Best assesses as very […]

    Aflac Brings Laughs to Help Ease Pain During March Madness®

    {March 15th, 2021} by Aflac

    COLUMBUS, Ga., March 11, 2021 /PRNewswire/ — Aflac, a leading provider of supplemental insurance products in the U.S., is preparing for The Big Dance® with a bracket-busting campaign to connect with over 150 million passionate basketball fans who are missing the traditional March Madness experience. Developed in partnership with DDB New York, the campaign, which marks […]

    Guardian Life Enters Partnership with Team Rubicon to Scale Vaccine Distribution Across the U.S.

    {March 15th, 2021} by Guardian

    NEW YORK, March 11, 2021 /PRNewswire/ — Today, Guardian Life Insurance Company of America® (Guardian Life) announced a health equity initiative to mobilize distribution of the COVID-19 vaccine in partnership with veteran-led disaster response organization, Team Rubicon. Through both grant funding and a volunteer activation of its dental provider network, financial representatives, and employees, Guardian Life’s partnership will advance […]

    Pan-American Life Insurance Group Announces Data Security Incident

    {March 15th, 2021} by PALIG

    NEW ORLEANS, March 11, 2021 /PRNewswire/ — Pan-American Life Insurance Group (PALIG) shared information today regarding a data security incident. On February 19, 2021, PALIG detected suspicious activity within its computer systems and on March 9, 2021, it confirmed that some policyholder and beneficiary information, like name, address and date of birth, was taken.  It also appears that a […]

    National Western Life Group, Inc. Announces 2020 Full Year and Fourth Quarter Earnings

    {March 15th, 2021} by Northwestern Mutual

    AUSTIN, Texas, March 15, 2021 /PRNewswire/ — Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (Nasdaq: NWLI), announced today 2020 consolidated net earnings of $92.3 million, or $26.11 per diluted Class A common share, compared with consolidated net earnings of $131.6 million, or $37.22 per diluted Class A common share, for 2019. The Company’s book […]

    Insurance Related Activities Industry | BizVibe Adds New Insurance Companies Which Can Be Discovered and Tracked

    {March 15th, 2021} by BizVibe

    NEW YORK, March 12, 2021 /PRNewswire/ — BizVibe has expanded the number of companies which can now be discovered and tracked for their insurance related activities industry group. Companies listed under the NAICS category for insurance related activities are defined as being primarily engaged in selling annuities and insurance policies and/or providing other employee benefits and insurance […]

    Nationwide and Envestnet | MoneyGuide Join Forces to Help Advisors Incorporate Income Solutions into a Financial Plan

    {March 15th, 2021} by Envestnet | MoneyGuide; Nationwide

    COLUMBUS, Ohio and RICHMOND, Va., March 15, 2021 /PRNewswire/ — Nearly three in four (72%) investors said the pandemic has negatively impacted their ability to retire, according to Nationwide’s sixth annual Advisor Authority Study, powered by the Nationwide Retirement Institute. Now, Nationwide, one of the strongest, diversified, Fortune 100 insurance and financial services companies, and Envestnet | MoneyGuide, the creator of a leading […]

    Aegon appoints Will Fuller as President and CEO of Transamerica

    {March 15th, 2021} by Aegon

    THE HAGUE, Netherlands–(BUSINESS WIRE)–Aegon announced today that Will Fuller (50, American), formerly Executive Vice President of Lincoln Group, will succeed Mark Mullin as President and CEO of Transamerica, and as a member of the Management Board of Aegon N.V., effective March 31, 2021. Mark Mullin, who served as President and CEO for 11 years, will […]

    Investment Advice Rule Could Still End Up Back In Court

    {March 15th, 2021} by John Hilton

    The Department of Labor has settled on an investment advice rule that was written by the Trump administration and allowed to take effect by the Biden administration — so the rules should finally be clear, right? Not quite. There could be plenty more changes in store before the investment advice rule is finally in place, […]

    RIAs are warming up to remote work

    {March 15th, 2021} by Jeff Benjamin

    It’s been a year since John Middleton gathered his four employees at Brighton Financial Planning to announce what was supposed to be two weeks of working from home, and now he doesn’t know if his advisory firm will ever return to being a full-time in-office business. Click HERE to read the full story via InvestmentNews

    Covid could leave its mark on longevity assumptions

    {March 15th, 2021} by Emile Hallez

    There are various factors beyond Covid infections to consider, some of which could have a positive effect on life expectancy, and other that could take away from it, according to a recent report published by longevity-risk consulting firm Club Vita.  Life expectancy in the U.S. dropped by one year in 2020 as a result of […]

    Impact: Learning from Leaders

    {March 15th, 2021} by Sheryl J. Moore

    Tune in with Marshall Heitzman, CFP®, ChFC, FLMI and the team at CUNA Mutual Group Annuities, as I talk about why Structured Annuities make TOTAL SENSE in today’s market environment. Make sure to wear your green, and I’ll give you some tips that will help you to be seeing green! -sjm     Wink’s Note: […]

    A Conversation With David Levenson Life, Revisited

    {March 15th, 2021} by P.E. Kelly

    Something happened in 2020 that caught the attention of many in the financial planning industry. As the world, its people and its industries began to realize the size and scope of the COVID-19 pandemic, and the subsequent and staggering consequences and challenges it imposed, consumers in the U.S. began to think more seriously about life […]

    Why Annuities Are So Helpful in Today’s Market Environment

    {March 15th, 2021} by Lee Barney

    “It is a real challenge for retirees today that people are living longer, with retirements now lasting 20 to 30 years and interest rates being so low,” said Jonathan Barth, registered investment adviser (RIA) consultant with DPL Financial Partners, speaking during a webinar the company sponsored, titled, “Practical Market Assumptions for Today’s Retirement Realities: Why […]

    10 Things You May Not Notice In Your Life Insurance Policy, But Should

    {March 15th, 2021} by Tony Steuer and Amy Danise

    A life insurance policy can be long and complex, with over-lawyered details in a small font. You may rely on your life insurance agent to steer you toward a good policy and tell you the crucial details. But an agent might not touch on everything you should know. Here are 10 things you may not […]

    A personal note to the Advisors Excel extended-family

    {March 14th, 2021} by Sheryl J. Moore

    I’ve been hurting since I heard about this on Saturday morning. I wasn’t close with Josh Jones from Advisors Excel,  he wouldn’t tell you that I was his “friend.” But, I will tell you this- – He IS a child of God. – He IS in Heaven now. (I’ve asked my son to give him a big […]

    Women!

    {March 9th, 2021} by Sheryl J. Moore

    We need to have one big conference for women, and get all of our female resources to attend so that we can quit TALKING about the matter of increasing the number of women in financial services, and finally JUST DO IT! -sjm   Let’s gather the following into 1 room: 1. The The American College of […]

    Apollo and Athene to Merge in All-Stock Transaction

    {March 9th, 2021} by Apollo and Athene

    Apollo to Move to Single Share Class with “One Share, One Vote” Transaction will be Substantially Accretive Proforma Company with Industry-leading Corporate Governance to be S&P 500 Eligible Companies to Host Conference Call Today at 8:30 am EST NEW YORK and HAMILTON, Bermuda, March 08, 2021 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) and Athene (NYSE: […]

    Nationwide Announces Launch of Nationwide New Heights® Select Fixed Indexed Annuity

    {March 9th, 2021} by Annexus, Nationwide

    COLUMBUS, Ohio, March 8, 2021 /PRNewswire/ — Nationwide, one of the strongest, diversified, Fortune 100 insurance and financial services companies, has joined with product development partner Annexus, the premier independent designer of fixed indexed annuities (FIAs), to announce the launch of Nationwide New Heights® Select, built on the foundation of 2020’s #1 selling income FIA with a guaranteed […]

    Women’s History Month

    {March 9th, 2021} by Wink's Intel Pros

    As International Women’s Day comes to an end and we continue on with Women’s History month, we want to give a shoutout to an inspiring industry leader, our rock star Sheryl Moore.  How Sheryl Moore grew into one of the life and annuity industry’s leading product experts, check out this feature article “From Stay-at-Home mom […]

    Maximizing a Client’s Variable Annuity Income

    {March 9th, 2021} by James Kavanagh

    Insurers are fixated on in-the-moneyness (ITM), so should you be. There have been several articles published recently about the challenge that insurance companies have in forecasting variable annuity policyholders’ behavior, such as how policyholders manage and make decisions about their contracts. Getting it right is critical to insurers’ profitability. Their big concern is when a variable […]

    Apollo Reabsorbs Athene in All-Stock Deal That Values Firm at $11 Billion

    {March 9th, 2021} by Miriam Gottfried and Leslie Scism

    Apollo Global Management Inc. APO -4.24% said it is buying the portion of Athene Holding Ltd. it doesn’t already own, in a move to consolidate the investment giant’s ownership of its highly successful insurance affiliate. For Apollo, which owns 35% of Athene already and has a long-term agreement to manage its assets, the merger is […]

    Prudential PLC Plans to Part With Jackson by June 30

    {March 9th, 2021} by Allison Bell

    Executives at Prudential PLC talked Wednesday about becoming a “pure-play Asia and Africa business” and removing Jackson Holdings LLC from its corporate family. “We have two key priorities,” Mike Wells, Prudential’s group CEO, said during a conference call the company held to go over its 2020 earnings with securities analysts. “One is to pursue at […]

    Apollo to Acquire Athene Through $11B Deal

    {March 9th, 2021} by Allison Bell

    Apollo Global Management Inc. is moving to gain full control over Athene Holding Ltd., a large life insurer. The companies announced Monday that they have agreed to merge by swapping stock, through a transaction that implies a $11 billion total value for Athene. The combined company would have a market capitalization, or total stock value, of $29 […]

    Adding Whole Life Insurance Cash Value As A Volatility Buffer In Retirement

    {March 9th, 2021} by Wade Pfau

    This article is part of a series. Click here to read the previous articles. The next potential use for whole life insurance in lifetime financial planning is using the cash value as a volatility buffer asset to help manage the sequence-of-returns risk for investment portfolio distributions. Retirement spending can be sourced to the cash value after a market […]

    Kansas City Life Announces Fourth Quarter 2020 Results

    {March 9th, 2021} by Kansas City Life Insurance Company

    KANSAS CITY, Mo., March 5, 2021 /PRNewswire/ — Kansas City Life Insurance Company recorded a net loss of $0.8 million or $0.07 per share in the fourth quarter of 2020 compared to net income of $10.6 million or $1.09 per share in the fourth quarter of 2019.  Net income totaled $15.2 million or $1.57 per share for the year ended December 31, 2020, down from $24.4 million or $2.52 per share for the year ended December […]

    Insure Provides Guide to Insurance for the Unemployed in 2021

    {March 9th, 2021} by Insure

    FOSTER CITY, Calif., March 4, 2021 /PRNewswire/ — Insure.com, a resource for auto, home, health and life insurance, provides timely guidance to those who are struggling with job loss. Topics reviewed in the insurance guide to unemployment include: Unemployment benefits. State unemployment insurance programs provide temporary cash benefits to qualifying workers, with varying eligibility requirements. Experts explain how to access this support. […]

    Transamerica Introduces Annuity Rider with Guaranteed Protection

    {March 9th, 2021} by Transamerica

    BALTIMORE, March 4, 2021 /PRNewswire/ — Transamerica announced today the availability of an optional variable annuity rider for investors seeking protection from market downturns and the opportunity to grow assets and build wealth. The Transamerica Principal OptimizerSM offers protection from market losses on an investor’s principal and earnings, the potential of uncapped investment growth, and the freedom to invest […]

    More Women Report Prioritizing Day-to-Day Expenses Over Their Financial Future Because of the Pandemic

    {March 9th, 2021} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–One-third of women say they are struggling to make ends meet, according to new research from Lincoln Financial Group (NYSE: LNC). The company’s January 2021 Consumer Sentiment Tracker found that while men are more focused on financial issues like the impact of taxes, stock market volatility and long-term-care expenses, women report the pandemic has resulted […]

    Equitable Adds Protection Features to its Tax-Deferred Variable Annuity

    {March 9th, 2021} by Equitable

    NEW YORK–(BUSINESS WIRE)–Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced enhancements to its Investment Edge® tax-deferred variable annuity designed to give clients a level of protection against market volatility while preserving their ability to participate in market growth. The latest version of Investment Edge adds an investment choice with partial […]

    Matt Goolsby Named United Life Insurance Company’s Agent of the Year

    {March 9th, 2021} by United Life Insurance Company

    CEDAR RAPIDS, Iowa–(BUSINESS WIRE)–Matt Goolsby of Market Advisory Group in Wichita, Kan., was recently honored as the 2020 Agent of the Year for United Life Insurance Company. This prestigious award is given annually by United Life to an agent who has demonstrated leadership in the industry, strong values, balanced life insurance and annuity growth, as […]

    Best’s Market Segment Report: Despite Navigating Pandemic Well in 2020, U.S. Life/Annuity Industry Not Out of the Woods Yet

    {March 9th, 2021} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–Most rated U.S. life/annuity (L/A) insurance companies have remained well-capitalized during the pandemic to date, and have benefited from favorable mortality and morbidity experience, low credit impairments and rebounding equity markets. However, according to AM Best’s annual Review & Preview market segment report, the sales process remains a challenge, with economic risks carrying over into 2021. […]

    Securian Financial Introduces New Investment-Only Variable Annuity

    {March 9th, 2021} by Securian Financial

    ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial has launched MultiOption® Momentum, an investment-only variable annuity (IOVA) offering a distinctive combination of both indexed and variable investment options in a tax-deferred, variable annuity. Issued by Minnesota Life Insurance Company, MultiOption Momentum gives financial professionals a new, competitive choice to build retirement portfolios for their clients. “MultiOption Momentum is […]

    Total U.S. Annuity Industry Considerations Fall

    {March 9th, 2021} by Allison Bell

    U.S. life insurance businesses did better, in terms of revenue, than U.S. annuity businesses did in 2020. The National Association of Insurance Commissioners, a Kansas City, Missouri-based group for insurance regulators, has published data supporting that conclusion in its latest life and fraternal market share report. Click HERE to read the full story via ThinkAdvisor

    JPMorgan, Goldman, Wells CEOs Among ‘Most Overpaid’

    {March 9th, 2021} by Alex Padalka

    The heads of JPMorgan, Goldman Sachs, Wells Fargo, Ameriprise and Citigroup are among the 100 most overpaid chief executives in the nation, according to one corporate responsibility research group that looks at compensation and shareholder returns. As You Sow says it evaluates CEO pay at all S&P 500 firms using data from Institutional Shareholder Services, […]

    Leaving LIBOR: The Most Significant Event in Modern Financial History

    {March 9th, 2021} by Richard Sandor

    Financial products based on LIBOR are estimated at $200 trillion globally making the upcoming transition away from the LIBOR at the end of the year one of the most significant events in financial markets in history. Click HERE to read the full story

    Uptick in Interest in Life Insurance During the Pandemic

    {March 9th, 2021} by Tim Kehrer and Steve Lipker, Kehrer Bielan Research & Consulting

    The COVID-19 pandemic has now witnessed an increase in the number of U.S. households that acknowledge that they do not have sufficient life insurance coverage, after its decline since 2012. According to Larry Cohen, director of the Consumer Financial Decisions [CFD] Group at Strategic Business Insights, “Because attitudes change before behaviors do, attitude trends directionally […]

    Imagine The Future Of Illustrations

    {March 9th, 2021} by Chris W. Kite

    Updated Indexed Universal Life (IUL) illustration regulations are upon us! A long and winding road for regulators and carriers. Will illustrations get even longer? Similar to what John Lennon sings in Across the Universe, words and numbers are flowing out like endless rain into a paper cup … But we are seeing some shorter illustrations […]

    Update – Aon’s $30B Bid for Willis Towers Watson Faces EU Antitrust Warning: Reuters

    {March 9th, 2021} by Foo Yun Chee

    BRUSSELS – Aon will face a list of objections by the EU’s antitrust watchdog which it must overcome with concessions to proceed with its $30 billion bid for Willis Towers Watson, two people familiar with the matter said. The negotiations may derail Aon’s goal of closing the deal in the first half of the year […]

    New York Life Insurance to pay $10.9 million for improper annuity swapping

    {March 9th, 2021} by Reuters Staff

    (Reuters) – New York Life Insurance & Annuity Corporation has agreed to pay $10.9 million in compensation and penalties for causing clients to switch their existing annuities to a plan that generated less income, the state’s insurance regulator said on Tuesday. The insurer did not properly disclose income comparisons and suitability information of the annuity […]

    Knighthead Annuity Celebrates A Rising Star

    {March 9th, 2021} by Knighthead Annuity & Life Assurance Company

    GEORGE TOWN, Cayman Islands , March 02, 2021 (GLOBE NEWSWIRE) — Knighthead Annuity & Life Assurance Company is pleased to announce that Senior Operations Manager Anika Hewitt has been selected by the Banking Insurance & Securities Association’s (“BISA”) Diversity and Inclusion Committee to be a part of the 2021 Rising Star Class. Ms. Hewitt will […]

    The Fateful Date

    {March 9th, 2021} by John Hilton

    For young Stephen Kagawa, the date meant a chance to have a nice dinner with a lady and who knows where things might lead? That the evening changed his life is not the surprising part. That it matched him to a lifelong love for life insurance and financial planning is. Click HERE to read the […]

    Athene-Apollo Deal Opens Door Wider For Annuities

    {March 9th, 2021} by John Hilton

    Apollo Global Management is fully absorbing Athene Holding in a blockbuster $11 billion merger deal that further opens the door for annuities in traditional financial planning. Apollo co-founders Marc Rowan, Leon Black and Josh Harris funded Athene as a separate annuity company in 2009. The investment firm is Athene’s biggest shareholder, with Apollo and related […]

    Insured Retirement Institute wants more worker access to plans, annuities

    {March 9th, 2021} by Mark Schoeff Jr.

    Annuities are an answer to one of the most vexing worries that Americans face – outliving their money in retirement, IRI leaders said. But a critic countered that the products need to come with more investor protections. When the SECURE Act was approved by Congress in late 2019, it was hailed as a landmark retirement savings […]

    Principal, Red Cross sued over 401(k)s

    {March 9th, 2021} by Emile Hallez

    Principal Financial is facing fresh claims over the handling of its 401(k) plan, several years after the insurer settled a separate class-action case for $11 million. Click HERE to read the full story via InvestmentNews. 

    Clock starts ticking on November 2022 compliance for SEC ad rule

    {March 9th, 2021} by Mark Schoeff Jr.

    Investment advisers registered with the Securities and Exchange Commission have until November 2022 to comply with the agency’s new marketing rule. But that doesn’t mean they can relax, because compliance will be a heavy lift that should start now, experts said. Click HERE to read the full story via InvestmentNews

    Commonwealth Financial to recruiters: Lay off MassMutual reps

    {March 9th, 2021} by Bruce Kelly

    Commonwealth Financial Network, a leading broker-dealer and registered investment adviser, took the unusual step this week of telling outside, third-party recruiters to back away from referring reps from MML Investors Services, the broker-dealer arm of Massachusetts Mutual Life Insurance Co., known as MassMutual, a leading insurance and retirement company. Click HERE to read the full […]

    25-year-old advisor launches new Harlem office of Northwestern Mutual

    {March 9th, 2021} by Tobias Salinger

    Just seven years after landing an internship with Northwestern Mutual as a college student, a financial advisor launched a new office of the giant insurer and wealth manager. Anthony Williams leads a team of four representatives and four other staff members who opened the new office in New York City on Feb. 19, he said […]

    Machine Learning Can Help The Insurance Industry Throughout The Process Lifecycle

    {March 9th, 2021} by David A. Teich

    Insurance works with large amounts of data, about many individuals, many instances requiring insurance, and many factors involved in solving the claims. To add to the complexity, not all insurance is alike. Life insurance and automobile insurance are not (as far as I know) the same thing. There are many similar processes, but data and […]

    SUPER exciting post!!

    {March 9th, 2021} by Sheryl Moore

    >>>>>>I need candidates for a CEO position at an FMO!!<<<<<< I have a PE-backed, middle market-focused, multi-level marketing organization that is looking for a new CEO. S/he will report to the Board of Directors. The qualified candidate will have proven life and annuity marketing skills, executive management experience, and the ability to effectively motivate a […]

    Courage Award Finalist

    {March 9th, 2021} by Wink's Intel Pros

    Congratulations to our CEO and Chief Storyteller on being a finalist for the Courage Award, presented by the Girl Scouts of Greater Iowa at the 2021 Inspiring Women of Iowa event.    Courage Award Finalists Chelsea Krause Rockwell Automation, Burn Boot Camp Ankeny & Clive Iowa Sheryl Moore Wink, Inc. Krista Tedrow South Central Iowa […]

    Sammons Financial Group Announces Changes to the Shared Services Team

    {March 9th, 2021} by Sammons Financial Group

    Seth Nailor named Vice President of Agency Services WEST DES MOINES, Iowa, March 08, 2021 (GLOBE NEWSWIRE) — Sammons® Financial Group, Inc. has named Seth Nailor as vice president of agency services. In his new role, Nailor is responsible for setting strategic direction and leading agent contracting and agent compensation functions for Sammons Financial Group and its lines of […]

    We moved to Tuesdays!

    {March 8th, 2021} by Wink's Intel Pros

    Hello Friends! Wink’s weekly newsletter will now be in your inbox to greet you first thing on Tuesday mornings! We’ll continue to gather ALL of the life insurance and annuity news from the web to combine into a single source for those of you that are as busy as we are. We’ll continue capturing all […]

    IRS Drafts Update of Pension and Annuity Income Guide

    {March 8th, 2021} by Allison Bell

    The Internal Revenue Service has released a draft version of an important financial services tool: an update of Publication 575: Pension and Annuity Income. The new update is supposed to help taxpayers prepare their personal federal income tax returns for 2020. The publication serves as a kind of retirement arrangement tax encyclopedia. It provides sections on disability pensions, […]

    Midland National Puts ESG in Indexed Annuity

    {March 5th, 2021} by Allison Bell

    Midland National Life Insurance Company is introducing a non-variable indexed annuity that has “ESG” on the menu. An ESG index tries to take environmental, social welfare and corporate governance factors into account when evaluating investment opportunities. Midland National says its new IndexMax ADV annuity offers purchasers access to the BlackRock ESG US 5% Index ER […]

    Welcome Jameson Alan!

    {March 3rd, 2021} by Jamie Johnson

    Congratulations to our Chief Everything Officer, Victoria (Tori) along with her husband, Zach Grossman on the birth of their handsome baby boy, Jameson Alan! We are so incredibly thrilled for this addition to their family and to our extended Wink-family. Victoria and baby Jameson are doing great. All of our hearts are bursting with joy! […]

    Midland National Adds BlackRock ESG US 5% Index ER to IndexMax ADV℠ Advisory Annuity

    {March 3rd, 2021} by Midland National Life Insurance Company

    SAN FRANCISCO–(BUSINESS WIRE)–Midland National Life Insurance Company (Midland National) announced the addition of the BlackRock ESG US 5% Index ER (ticker: BESGUVCX) to help customers take advantage of the burgeoning growth in sustainable financial products. IndexMax ADV, exclusively available on the RetireOne® platform, offers three index options in the dual crediting strategy for accumulation growth potential. “Designing […]

    TIAA Appoints Thasunda Brown Duckett President and CEO

    {March 3rd, 2021} by TIAA

    NEW YORK, Feb. 25, 2021 /PRNewswire/ — TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, named Thasunda Brown Duckett to succeed Roger W. Ferguson, Jr., as President and CEO. Ms. Duckett will join TIAA on May 1 from JPMorgan Chase, where she was CEO of Chase Consumer Banking. Mr. […]

    Annuities And Unmarried Couples: The Right Planning Can Avoid Headaches

    {March 3rd, 2021} by John Williams

    Annuities provide many advantages to clients, but those advantages are especially geared toward the individual. Annuities are often tailored to clients of retirement age, and those most often are seeking a predictable income stream or a guarantee of investment return. Choosing the right annuity, based on goals and risk tolerance, is a personal decision. Click […]

    ‘Bermuda Triangle’ Deal for Principal Financial?

    {March 3rd, 2021} by Kerry Pechter

    Principal Financial Group, Elliott Investment Management, and Prosperity Life (majority owned by Elliott) may be headed for the same type of ‘capital liberating’ reinsurance deal that so many other life/annuity companies have struck with big asset managers in recent years. There was just the right combination of vagueness and specifics in the “settlement agreement” between […]

    What’s New In Life And Annuity eApp, Illustrations, Mobile And Self-Service

    {March 3rd, 2021} by Ken Leibow

    Life and annuity technology solutions are growing in both innovation and in the number of platforms that are available in the marketplace. Today I want to give you a taste of the latest stats on eApp and eDelivery for BGAs; a new simple method of presenting complex illustrations; a mobile modular option for carriers for […]

    The Failed Robo-Teacher Experiment

    {March 3rd, 2021} by Charlie Gipple

    I recently posted the below as a blogpost on www.retirement-academy.com and received a significant amount of feedback on this. So, I will also share these thoughts with BrokerWorld’s readership. Just like how we are all cavemen and women that have evolved, we are also still kids that have grown. Internally, we all have some caveman instincts, and […]

    An Interview With Eugene Cohen—March 2021

    {March 3rd, 2021} by Eugene Cohen and Michael Cohen

    2009 Honoree International DI Society’s W. Harold Petersen Lifetime Achievement Award. 2015 Honoree of NAILBA’s Douglas Mooers Award for Excellence. From time to time we will feature an interview with Eugene Cohen, who has dedicated more than 57 years of his life to learning, teaching, and supporting brokers in the agency’s quest to help consumers […]

    Equitable Commits to New York City; Looks to the Future With Strength and Confidence

    {March 3rd, 2021} by Equitable

    NEW YORK–(BUSINESS WIRE)–Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), reaffirmed its commitment to New York City by signing a 15-year lease establishing 1345 Avenue of the Americas as its new corporate headquarters in 2024. Today’s announcement represents a significant step for the company as an independent, U.S.-based […]

    EIS Partners With esure Group to Expedite Its Digital Transformation

    {March 3rd, 2021} by EIS

    MANCHESTER, England & SAN FRANCISCO–(BUSINESS WIRE)–EIS, a core and digital platform provider for insurers, today announced its newest customer as esure Group (“esure”), a market-leading provider of motor and home insurance. esure recognised EIS could help with its ambition to become a world-class digital insurer by transforming its core IT infrastructure and applications. The new […]

    Best’s Review Looks at How the Pandemic Is Transforming the Insurance Industry

    {March 3rd, 2021} by Best's Review

    OLDWICK, N.J.–(BUSINESS WIRE)–The March issue of Best’s Review reports on the ways the insurance industry has had to adapt to COVID-19 and the new directions insurers have begun to explore. In “The Pandemic Has Accelerated the Pace of Digital Transformation and Product Innovation in Insurance,” Best’s Review looks at how the pandemic has forced the industry to rethink products and […]

    Lincoln Financial Group to Participate in the RBC Capital Markets Virtual Global Financials Conferenc

    {March 3rd, 2021} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE:LNC) announced today that Randy J. Freitag, executive vice president and chief financial officer and head of individual life of Lincoln Financial Group, will present at the RBC Capital Markets Virtual Global Financials Conference on Tuesday, March 9, 2021 at approximately 9:20 a.m. Eastern Time. Mr. Freitag will participate in […]

    Principal Financial Group Announces 2021 Outlook

    {March 3rd, 2021} by Principal Financial Group

    DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group® (Nasdaq: PFG) announced 2021 outlook metrics and capital deployment plans. These metrics provide greater clarity around the key drivers of earnings growth for each of the business units. Company senior leaders will provide additional detail on guidance and take questions during a conference call at 10:00 a.m. EST today, Feb. […]

    MassMutual Reports Excellent 2020 Results, Including Strong Financial Performance and Strategic Progress

    {March 3rd, 2021} by Massachusetts Mutual Life Insurance Company

    SPRINGFIELD, Mass.–(BUSINESS WIRE)–Massachusetts Mutual Life Insurance Company (MassMutual) today reported strong financial results1 for 2020 – including sales, earnings and capital growth – while making excellent progress on its strategy and providing support to its stakeholders in a year marked by extraordinary environmental challenges. For the year ended December 31, 2020, MassMutual reported total sales through […]

    Zurich extends Apprenticeship Program to Atlanta and RCIS business

    {March 3rd, 2021} by Zurich North America

    SCHAUMBURG, Ill., March 2, 2021 /PRNewswire/ — The Zurich North America Apprenticeship Program is now hiring, with positions available for the first time in Atlanta and in select agricultural states supported by Zurich’s crop insurance business, RCIS. The insurance provider also is hiring apprentices who will be based at its North American headquarters in Schaumburg, Illinois, and at its New York City office, which […]

    Ameritas and NAIFA to grow leaders through financial services advocacy

    {March 3rd, 2021} by Ameritas

    LINCOLN, Neb., March 2, 2021 /PRNewswire/ — Ameritas and NAIFA are teaming to advance the careers of rising stars in the financial services industry. This initiative will engage Ameritas qualifying financial professionals in financial services advocacy by helping to build broader networks and leverage new pathways to grow their careers.  “NAIFA is the nation’s leading governmental advocacy group for the financial services industry. This program engages the next generation of industry leaders and […]

    Should Your Life Insurance Be In An Irrevocable Trust?

    {March 3rd, 2021} by Christine Fletcher

    If you are contemplating purchasing a new life insurance policy, be sure to discuss the use of an irrevocable life insurance trust (known as an ILIT) with your advisors before you purchase the policy. An ILIT is an irrevocable trust that you create to hold a life insurance policy on your life. It is typically used […]

    How To Stand Out And Grow

    {March 3rd, 2021} by Paul Feldman

    Kristin Andree thought what her dad did for a living was boring. She remembers thumbing through the CLU and the CFP exam prep books and thinking, “Why would you do this?” It wasn’t until decades later that she recognized the good life her father had and had given his family. Click HERE to read the […]

    F&G annuity sales top $1.3 billion in fourth quarter, up 23% year over year

    {March 3rd, 2021} by Business Record

    F&G, a leading provider of annuities and life insurance based in Des Moines, reported operating results for the fourth quarter of 2020 as part of the quarterly earnings report of its parent company, Fidelity National Financial Inc. (FNF). Fidelity & Guaranty Life Insurance Co. reported total retail annuity sales of $1.31 billion in the fourth […]

    How Technology Can Simplify Annuities To Help Fight A Retirement Crisis

    {March 2nd, 2021} by Jay Charles

    The United States continues to face a well-documented retirement crisis. Social Security benefits are decreasing, traditional pension plans are disappearing and more responsibility is being placed on individuals than ever before. Meanwhile, Americans are living longer and struggling to meet their savings targets amid rising market volatility and a low interest rate environment. Click HERE […]

    Transamerica Survey Finds Higher Education Institutions Turn to Their Retirement Plan Service Provider to Help Address Unprecedented Challenges

    {March 2nd, 2021} by Transamerica

    BALTIMORE, March 2, 2021 /PRNewswire/ — Transamerica today revealed the latest report of retirement plan trends for institutions of higher education. Survey results provide an inside look into the challenges institutions face in helping faculty and staff prepare for retirement. The COVID-19 pandemic has impacted retirement plans beyond the availability and usage of loans and COVID-19 related distributions. Nearly three out of five institutions […]

    Sammons Financial Group Announces Changes to the Corporate Actuarial Team

    {March 2nd, 2021} by Sammons Financial Group

    WEST DES MOINES, Iowa, March 1, 2021 /PRNewswire/ — Sammons Financial Group has named Marcy Baker as vice president of corporate actuarial. In this new role, Baker is responsible for experience studies, financial analysis, corporate actuarial project management with a specific focus on enforcing controls and governance of the actuarial function. Marcy Baker, vice president of corporate actuarial at […]

    Advisor Authority Study Reveals Pandemic Impacts even the Most Successful Advisors and Financial Professionals

    {March 2nd, 2021} by Nationwide

    COLUMBUS, Ohio, March 1, 2021 /PRNewswire/ — As the COVID-19 pandemic persists, the impact has been felt by advisors and financial professionals, even the most successful. In 2020, only 57% of successful advisors and financial professionals expected the profitability of their practice to increase in the next 12 months, compared to 81% in 2019—a profound decline of 24 […]

    Transamerica Celebrates Women’s History Month With Campaign To Help Financial Professionals Better Serve Women Clients

    {March 2nd, 2021} by Transamerica

    BALTIMORE, March 1, 2021 /PRNewswire/ — Transamerica is shining a spotlight on the challenges facing women as they prepare for a secure financial future. In honor of Women’s History Month, Transamerica is launching its Women and Investing campaign that runs through March. The campaign kicks off with a livestream webinar, “Women and Investing: Being There for Her,” today at 1 p.m. ET. […]

    Sammons Financial Group Shares 2020 Community-Giving Results

    {March 2nd, 2021} by Sammons Financial Group

    WEST DES MOINES, Iowa, Feb. 25, 2021 /PRNewswire/ — In 2020, Sammons® Financial Group, Inc. continued its ongoing support in its corporate site locations by donating $3.5 million to local, charitable organizations. Sammons Financial Group maintains four corporate site offices – Chicago, Fargo, Sioux Falls, and the greater Des Moines area – and has employee-led committees in each city to direct all local service and financial outreach. The company […]

    Guardian Life Expands Portfolio with Guaranteed Universal Life

    {March 2nd, 2021} by Guardian

    NEW YORK, March 1, 2021 /PRNewswire/ — Today, The Guardian Life Insurance Company of America® (Guardian Life) announced an alliance with Protective Life Insurance Company to make Protective Lifetime Assurance Universal Life available through Guardian’s financial representatives. The product allows clients to lock-in competitively priced premiums for the life of their policy and offers level pricing with the […]

    Report Reveals What Agents Want In 2021: Flexibility, Client Time

    {March 2nd, 2021} by PR Newswire

    A new report by Vertafore on the state of the independent insurance channel workforce brings into sharp relief how the pandemic changed the nature of work in the industry, what insurance professionals value about their work and what independent agencies can do to support their people now and attract new talent in the future. The Insurance Agency […]

    Remaining Bullish in a Shrinking Variable Annuity Market New Features, Lower-Fee Options Enhance Variable Annuity Products

    {March 2nd, 2021} by Sammons Retirement Solutions

    WEST DES MOINES, Iowa, Feb. 17, 2021 (GLOBE NEWSWIRE) — At a time when many insurers have written off variable annuities due to increased cost, dwindling benefits, and declining sales, Sammons Retirement Solutions®, a division of Sammons Institutional Group, Inc., remains bullish. So much so, the company recently reconfigured their LiveWell Variable Annuity (VA) with more legacy planning […]

    NAIC Releases 2020 Market Share Data

    {March 2nd, 2021} by NAIC

    WASHINGTON (March 1, 2021) — The National Association of Insurance Commissioners (NAIC) released data today on life/fraternal and property/casualty insurers. The reports provide market share information and identify leading insurance writers in several key lines of business. The numbers in the reports will increase throughout the week and month as the report runs.   The 2020 market share […]

    Ameriprise targets young independent advisors with new training program

    {March 2nd, 2021} by Tobias Salinger

    With more than 4 out of 10 financial advisors aged 55 or older, a large wealth manager rolled out a new training program aimed at the next generation of independent advisors. Ameriprise’s Associate Financial Advisor Business Development Program is its first formalized training for the hundreds of licensed associate advisors the Minneapolis-based wealth manager’s independent […]

    Insurance Coalition Targets Life Coverage Gap

    {March 2nd, 2021} by Steve Morelli

    Too few American families have been adequately covered by life insurance for too long, and a coalition of trade associations plans to do something about it this year. The group launched Help Protect Our Families on Feb. 1 with an outreach campaign to close the gap in under- and uninsured households. About 60 million households […]

    New Life Policy Fits Consumer Loans Like Spandex: Life Moves

    {March 2nd, 2021} by Allison Bell

    Covr Financial Technologies is working with a life insurer and a reinsurer to sell decreasing benefit term life policies that provide just enough coverage to fit consumers’ loans. The Hartford, Connecticut-based company, together with Americo Financial Life and Annuity Insurance Company and Scor S.E., is bringing the LoanMatch Protector life insurance policy to market. Americo […]

    Do Your Clients Have Enough Liquidity?

    {March 2nd, 2021} by Del Fujinaka

    Liquid assets are a major component of a healthy financial plan. Are you making sure your clients have the cash they need to hedge against disasters? Income shocks produced as a result of the pandemic have had a somewhat purifying effect on financial planning. Before COVID-19, many consumers were dismissive of the idea that strong […]

    Theodore D. “Ted” Lussem

    {March 2nd, 2021} by Legacy

    Des Moines – Theodore D. “Ted” Lussem, age 83, passed away Saturday, February 27, 2021. Services will be 12:00 p.m. Wednesday, March 10, 2021 at Hamilton’s on Westown Parkway, 3601 Westown Pkwy, West Des Moines with visitation from 6:00 to 8:00 p.m. on Tuesday, March 9th. Masks are required. Interment will be at Rising Sun […]

    Sen. Warren’s Wealth Tax Plan Is ‘Nuts’: Jane Bryant Quinn

    {March 2nd, 2021} by Jane Wollman Rusoff

    Jane Bryant Quinn, long-trusted personal finance journalist and commentator, never pulls punches in appraising financial advisors. She doesn’t do so when it comes to politicians, either. Indeed, she calls Sen. Elizabeth Warren’s wealth tax proposal “nuts” and “hopeless.”  “It will never get anywhere,” she argued in an interview with ThinkAdvisor in February. Warren, D-Mass., introduced […]

    Labor Bill Could Turn Many Insurance Producers Into Employees: NAIFA

    {March 2nd, 2021} by Allison Bell

    The National Association of Insurance and Financial Advisors is working to change a U.S. House bill that could classify many insurance agents, insurance brokers and financial advisors as employees, rather than as independent contractors. The association is asking members to help it lobby to add an exemption for financial professionals to the “Protecting the Right […]

    ‘Too Good to Be True’ Annuity Illustrations Spur Criticisms

    {March 2nd, 2021} by Warren S. Hersch

    “There are more than 120 different indices available on indexed annuities today,” says Wink CEO Sheryl Moore. Fewer than a third of the indexes “have been in existence for at least a decade,” she adds, citing Wink’s Index Intelligence Report. Click HERE to read the full story via Life Annuity Specialist      Wink’s Note: Misinformed, […]

    Equitable Rides Record Sales of Buffered Annuity in Fourth Quarter

    {March 2nd, 2021} by Warren S. Hersch

    Equitable accounted for 29% of index-linked variable annuity volume in the fourth quarter of 2019, according to Wink’s Sales & Market Report. But the New York-based insurer, which once dominated the segment, is now in a fierce fight for the top spot with others, including Allianz Life, Brighthouse Financial and Lincoln Financial. Click HERE to read the full story via […]

    Agents and Advisors, Life Settlements and Compensation

    {March 2nd, 2021} by Lucas Siegel

    Although life settlements are increasingly popular as a liquidity solution for cash-strapped seniors, they’re still a subject of confusion for many financial professionals. To clear up the big question straight away, life settlements are completely legal. They’re regulated in most U.S. states to protect policyholders, investors, life settlement brokers, and insurers from fraud. As well, it’s also […]

    Getting to know our Manager of Awesomeness

    {March 2nd, 2021} by Wink's Intel Pros

    Jamie, Manager of Awesomeness, is the voice you’ll likely hear when calling the Wink offices. She and her husband ran seven miles together on their first date- who does that?! Whether she is with her fellow marathoners or running circles around her Wink colleagues, Jamie stays active.  She is responsible for all customer support, sales, […]

    Ripsaw® Wealth Tools Announces its Optimizer and Assist Tools

    {March 2nd, 2021} by Ripsaw

    EDWARDS, Colo., March 2, 2021 /PRNewswire/ — Ripsaw LLC recently launched version 1.5 of Ripsaw® Wealth Tools featuring its innovative Ripsaw Optimizer™ and Assist™ tools. The Optimizer solves for the allocation of wealth among the available investments in all accounts simultaneously with one click! The Assist tool analyzes that solution and suggests additional investments from its proprietary screener […]

    Best Places to Work for Financial Advisers

    {March 2nd, 2021} by InvestmentNews

    The 75 firms presented here go beyond offering financial advisers attractive benefits and perks, they create workplaces that empower employees with the skills and confidence necessary to deliver the best possible investment and financial planning guidance to clients. Click HERE to view via InvestmentNews

    Wink supported Insurance Careers Month with a Virtual Career Fair

    {March 2nd, 2021} by Jamie Johnson

    Wink supported the annual Insurance Careers Month during the month of February with a virtual career fair for the life insurance and annuity industry. Although the job openings featured in our weekly newsletter was held only in the month of February,  we will continue to post job openings that are provided to us to our […]

    Finseca and women-led initiatives

    {March 2nd, 2021} by Jamie Johnson

    March is #WomensHistoryMonth—a time to study and celebrate the vital role of women in American history.   

    AmeriLife Acquires DFS Marketing

    {March 2nd, 2021} by AmeriLife Group, LLC

    CLEARWATER, Fla., March 2, 2021 /PRNewswire/ — AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, has acquired DFS Marketing, an FMO distributing annuity and life insurance through independent agents. “DFS Marketing brings a lot of value to the table between their experienced management team and their strong presence in the […]

    Who are the women trailblazers in insurance?

    {March 2nd, 2021} by Insurance Business America

    The call for entries for Insurance Business America’s Elite Women 2021 is underway. The annual list brings together top-performing female leaders who have achieved remarkable success in the business. “I believe that it is critical to use our individual and collective voices and our positions of leadership to drive meaningful change for a more inclusive industry and society,” […]

    ‘COVID-19 is not a retirement story’: CRR

    {March 2nd, 2021} by Editorial Staff

    ‘A hot topic these days is how COVID-19 and the ensuing recession have affected retirement. The surprising answer may be: Not very much,’ write Alicia Munnell and Anqi Chen of the Center for Retirement Research at Boston College. The COVID-19 pandemic hasn’t changed Americans’ overall retirement funding picture—mainly because the people who lost the most […]

    AIG Retirement Services Study Finds Strong Awareness but Minimal Understanding of Public Service Loan Forgiveness Program

    {March 2nd, 2021} by AIG

    HOUSTON–(BUSINESS WIRE)–AIG Retirement Services, a leading retirement plan provider for tax-exempt and public sector employers, today announced the results of a new study looking at how nonprofit and public service employees think about student loan debt, student loan forgiveness and the Public Service Loan Forgiveness (PSLF) program. Millions of public sector and nonprofit workers including […]

    The Case for Replacing Some Bonds With Annuities

    {March 1st, 2021} by Neal Templin

    If you want to maximize how much you can safely spend in retirement, some economists say, sell some of your bonds and buy lifetime income annuities. While you’re still working, a diversified portfolio of stocks and bonds is an efficient way to save for retirement. But once you’ve retired and are drawing down that nest […]

    ALLIANCE SPONSORS KEN DYCHTWALD’S ‘LIFE’S THIRD AGE’ PROGRAM

    {March 1st, 2021} by Alliance for Lifetime Income

    In his groundbreaking special for American Public Television, exclusively sponsored by the Alliance, renowned psychologist, gerontologist and best-selling author Ken Dychtwald presents life-changing insights and innovative ways Americans can discover, navigate and enjoy previously unimagined opportunities and challenges in this new life stage Dr. Dychtwald calls the Third Age, including learning how to match our […]

    How to Use Fixed Annuities

    {March 1st, 2021} by dkorth@finsum.com (FINSUM)

    If there were ever a product built for steady retirement income, it is fixed annuities. With the big decline in fixed pensions, fixed annuities have become a must-have option for many retirees who need guaranteed income. They are the simplest annuity—principal and income are guaranteed, but rates are fixed. In other words, the insurance company […]

    Meet Laurence Black, Interpreter of Indexes

    {March 1st, 2021} by Editorial Staff

    There’s a confusing profusion of new indexes behind ETFs and annuities. Laurence Black of The Index Standard says he can make sense of them. Watch as Tamiko Toland of CANNEX interviews Black about his solutions. (There’s a short video and a longer one.) In these videos, Tamiko Toland, director of annuity research at CANNEX, the […]

    What Is MIB Group And How Does It Affect Life Insurance Applications?

    {March 1st, 2021} by Ashley Chorpenning and Amy Danise

    For most kinds of life insurance applications, the life insurance company will collect and evaluate a ton of information about you. Although insurance companies have a lot of information from the application and, often, a life insurance medical exam, they also often tap resources for extra data, such as the MIB Group. Who is the […]

    Getting to know our Chief Storyteller

    {February 24th, 2021} by Wink's Intel Pros

    THEY CALL HER THE “ROCKSTAR.” Sheryl J. Moore, Chief Storyteller, the ORIGINAL member of Wink’s analysis team has been at this for a long time. She’s obsessive-compulsive to a fault and never happy if she’s not twirling 20 plates at once. Want to know MORE about Ms. Moore? From Single Mom to Insurance Rock Star […]

    Goldman Sachs 10,000 Small Businesses program!

    {February 24th, 2021} by Wink's Intel Pros

    Congratulations to our CEO, Sheryl Moore on being selected to participate in Goldman Sachs 10,000 Small Businesses program! Goldman Sachs 10,000 Small Businesses is an investment to help entrepreneurs create jobs and economic opportunity by providing access to education, capital and business support services. Sheryl, we are proud of the passion and innovation that you bring to […]

    Why all the Buzz Around Structured Annuities, Now?

    {February 24th, 2021} by CUNA Mutual

    Sheryl Moore will be droppin’ some annuity knowledge on the 17th of March. WARNING: Those not in attendance will miss the chance to see the mic drop. Everyone has been warned…our listeners will not only have a better understanding of what’s going on in the annuity market, but why NOW is the best time to […]

    Official Wink holiday on 2/25

    {February 24th, 2021} by Wink's RockStars

    It’s Sheryl’s birthday on Thursday! Will you help us make the day extra special? Be sure to drop her some wishes via LinkedIn, Twitter, Facebook, good ole’ snail mail or shoot over a note!  

    American Equity Rolls out Accumulation Product Enhancements

    {February 24th, 2021} by American Equity Investment Life Insurance Company

    WEST DES MOINES, Iowa–(BUSINESS WIRE)–Feb. 22, 2021– American Equity Investment Life Insurance Company®, a leading underwriter of fixed index annuities, announced a series of enhancements to its flagship accumulation product, the AssetShield fixed index annuity. This 5, 7, and 10-year annuity product line now offers new equity and multi-asset index options, as well as the choice […]

    Have Your Cake And Eat It Too: An Investor’s Dream

    {February 24th, 2021} by Micah Hesting

    When I was asked to write an article regarding life and/or annuity strategies, I wanted to write an article that had value and was intriguing to both annuity and life producers. So, without further ado, we have the “Annuity Max with a Twist” strategy. For those of you working solely in the annuity space, you […]

    Effective Last Month! Congress’ Gift To Life Insurance

    {February 24th, 2021} by Charlie Gipple

    If you get shivers down your spine in excitement like I do when you think of things like CVAT, GPT, Modified Endowment Contracts, and Section 7702, then I hope you are sitting down. If you are an insurance agent that sells (or wants to sell) accumulation focused policies like IUL and whole life (short pay […]

    Leveraging The Latest Trends In Life Insurance

    {February 24th, 2021} by John Thornton

    The past year will be remembered for many things, not the least of which is the global pandemic that disrupted life as we knew it. As it persists, but with the vaccines now being distributed, there is reason for optimism. For the life insurance industry, the latest data suggests better days ahead. Click HERE to […]

    DOL Advice Rule Compliance Will Be ‘Heavy Lift’

    {February 24th, 2021} by John Hilton

    Advisors and agents do not have to worry about the Department of Labor investment advice rule for now, but should be focused on being in compliance by the end of 2021. And there is a lot of work to be done, said Fred Reish, a partner with the law firm Faegre Drinker Biddle & Reath. […]

    NAIFA Looks At Boosting Diversity, Growing Next Gen Of Advisors

    {February 24th, 2021} by Susan Rupe

    A 130-year-old industry association is looking ahead to the next five years by looking at ways to increase its diversity, foster the growth of the next generation of advisors and raising awareness of financial services as an appealing career among students. This week, the National Association of Insurance and Financial Advisors’ board of directors approved […]

    How Do DOL Rules Impact Insurance Producers?

    {February 24th, 2021} by H.L. Vogel

    To the surprise of many, the Department of Labor allowed the previous administration’s final fiduciary advice regulation, officially titled Prohibited Transaction Exemption 2020-02, to go into effect on Feb. 16. The focus of PTE 2020-02 is on broker-dealers and registered investment advisors, but how does this turn of events impact insurance producers? Does PTE 2020-02 Matter For […]

    FINRA’s Focus on Variable Annuity Switches Continues

    {February 24th, 2021} by Bruce L. Ashton, Sandra Dawn Grannum, James G. Lundy, David W. Porteous, Fred Reish Edward, J. Scarillo Jr.

    On January 8, 2021, without admitting or denying the findings, VALIC Financial Advisors, Inc., (VALIC) entered into a settlement with FINRA Enforcement, through an Acceptance, Waiver and Consent (AWC) where the factual allegation was that between January 1, 2017, and October 31, 2018, the broker-dealer failed to “establish a reasonably designed system and written supervisory […]

    Last Chance! Prepare for sales takeoff at NAILBA 39: Engage!

    {February 24th, 2021} by Wink's Intel Pros

    Sign in to Chat with us at NAILBA 39:Engage ✈️! Interested in our products? Land at our virtual booth to sign-up for a demo and receive a SUPER FASHIONABLE “I ❤️ Annuities/Life Insurance” t-shirt.

    John Hancock Has a Not-So-Secret Weapon for Tracking COVID-19

    {February 24th, 2021} by Allison Bell

    John Hancock has a high-tech health incentive program that helps it encourage life insurance policyholders to take good care of themselves. Today, the health information the program collects could, in theory, give John Hancock a kind of data window it could use to watch the COVID-19 pandemic sweep across the world. John Hancock and Vitality USA, […]

    Athene Wants to Sell More Annuities: Earnings

    {February 24th, 2021} by Allison Bell

    Executives at Athene Holding Ltd. say that they are happy that the company sold many annuities in the fourth quarter of 2020, and that they would like to see the company sell many more annuities this year. Executives from the Hamilton, Bermuda-based insurer and reinsurer talked about how they see the U.S. individual annuity market […]

    U.S. Life Expectancy Fell in First Half of 2020 as Covid-19 Deaths Surged

    {February 24th, 2021} by Janet Adamy

    U.S. life expectancy declined by a year during the first half of 2020, according to federal figures released Thursday that show the deadly impact of the coronavirus pandemic’s early months. The Centers for Disease Control and Prevention’s National Center for Health Statistics said life expectancy at birth was 77.8 years as of the end of June based […]

    Aquarian Agrees to Acquire Pavonia Life of New York: Deals

    {February 24th, 2021} by Allison Bell

    The New York-based investment company that acquired Investors Heritage Life Insurance Company in 2017 is hoping to buy a life insurer based in New York state. Aquarian Holdings, has agreed to acquire Pavonia Life Insurance Company of New York from a wholly owned U.S. subsidiary of Enstar Group Limited. Enstar Group is a Hamilton, Bermuda-based […]

    Kentucky Annuity Suitability Measure Hits Turbulence

    {February 24th, 2021} by Allison Bell

    The Insured Retirement Institute (IRI) is asking the Kentucky Department of Insurance to put the term “best interest” back into a proposed annuity sales standards regulation update. The Kentucky department is working to adopt a Suitability in Annuity Transactions Model Regulation update that was developed and approved by the National Association of Insurance Commissioners (NAIC), […]

    Are Annuity Providers Safe?

    {February 24th, 2021} by Michael Clark

    Plan sponsors embarking on an annuity purchase face additional uncertainty and risks due to the implications of COVID-19. Transactions are continuing and there are no current solvency concerns, however awareness of market conditions and performing due diligence of insurance providers takes on additional importance. Over the last decade, de-risking a pension plan through the use […]

    Emotional Intelligence and Success

    {February 24th, 2021} by Regina Bedoya

    After observing trends related to consumers losing trust in corporations, government and media, Million Dollar Round Table recently conducted a consumer study to dig deeper into how distrust is impacting the financial services industry. The study revealed that the majority of advisors have earned their clients’ trust, thus rising above other professions in this era […]

    Investment Firm Presses Principal to Shed Life and Annuity Arm

    {February 24th, 2021} by Allison Bell

    Activist fund Elliott Investment Management L.P. — the parent of Prosperity Life Group — is pushing Principal Financial Group Inc. to do something with its life and annuity operations, according to reports filed with the U.S. Securities and Exchange Commission. Elliot owns stock in Principal. Principal is a Des Moines, Iowa-based financial services company that has been […]

    Allianz Life Named One of the World’s Most Ethical Companies in 2021

    {February 24th, 2021} by Allianz

    MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz Life®) announced today it has been recognized as one of the 2021 World’s Most Ethical Companies. The annual World’s Most Ethical Companies recognition from Ethisphere honors companies from around the world that demonstrate a commitment to business integrity, making a difference in the communities they touch, and […]

    Jackson National Puts Its Future in Veteran Hands

    {February 24th, 2021} by Kerry Pechter

    As it prepares to de-merge from UK-based Prudential plc after 35 years and begin trading on the New York Stock Exchange (as JXN), Jackson National Life—the leading issuer of variable annuity contracts in the US—has named new top management. Laura Prieskorn, most recently Jackson’s Chief Operating Officer, was named CEO. Marcia Wadsten, who joined Jackson […]

    How the pandemic highlights diversity challenges in financial services

    {February 24th, 2021} by Jeff Benjamin

    If there is an upside to the global pandemic and the resulting lockdowns that have forced people to work from home, it might be that the situation has highlighted imbalances when it comes to gender roles and responsibilities. Click HERE to read the full story via InvestmentNews

    Principal launches strategic review after settlement with Elliott

    {February 24th, 2021} by Bloomberg News

    Principal Financial Group Inc. said it plans to launch a strategic review and appoint two new independent directors as part of a settlement agreement with activist investor Elliott Investment Management. Click HERE to read the full story via InvestmentNews.

    Securian Financial Reports 2020 Financial Results

    {February 24th, 2021} by Securian Financial

    ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial announced preliminary 2020 financial results during its annual all-company meeting yesterday, highlighted by continued revenue growth and increased community giving in a challenging year. “Securian Financial’s purpose and values were on full display in 2020. The worst pandemic in a century highlighted the importance of the peace of mind and […]

    Nearly All Employed U.S. Adults Focused on Improving Finances as a Result of COVID-19

    {February 24th, 2021} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–COVID-19 has altered almost every aspect of daily life, yet a positive trend has emerged: Americans are more actively engaged in their finances. Research from Lincoln Financial Group (NYSE:LNC) shows that 79% of full-time employed U.S. adults say COVID-19 has changed the way they think about planning for their financial future, and 93% say that […]

    AIG to Participate in the Credit Suisse Virtual Financial Services Forum

    {February 24th, 2021} by American International Group, Inc

    NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE: AIG) today announced that Mark Lyons, AIG’s Chief Financial Officer, and Sabra Purtill, AIG’s Deputy Chief Financial Officer and Treasurer, will participate in a fireside chat at the Credit Suisse Virtual Financial Services Forum on Friday, February 26, 2021 at 10:30 a.m. ET. A link to the audio […]

    AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries

    {February 24th, 2021} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A+ (Superior) the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. (PFG) [NASDAQ: PFG] and collectively are referred to as Principal. Concurrently, AM Best has affirmed the Long-Term […]

    Symetra Named ‘Corporate Leader of the Year’ by Greater Seattle Business Association

    {February 24th, 2021} by Symetra

    BELLEVUE, Wash.–(BUSINESS WIRE)–Symetra Life Insurance Company was recognized as the 2020 Corporate Leader of the Year by the Greater Seattle Business Association (GSBA) during the organization’s 40th annual Business & Humanitarian Awards, held virtually last night. The annual event honors Puget Sound businesses, nonprofit organizations, and community leaders who demonstrate leadership and success in their business […]

    AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries

    {February 24th, 2021} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York (New York, NY), together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” and […]

    Latest Variable Universal Life Offerings from Lincoln Financial Provide New Options for Guaranteed Protection and Market Growth Opportunities

    {February 24th, 2021} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) has launched its latest Lincoln VULONE and Lincoln Survivorship VULONE (SVULONE) variable universal life (VUL) insurance offerings. The new VULONE products offer two guaranteed minimum death benefit choices so clients can tailor their policy to their specific needs – from the cost of the coverage to the length and amount. They are now also […]

    American Family Insurance commits $105 million to help close equity gaps under ‘Free to Dream’ initiative

    {February 24th, 2021} by American Family Insurance

    MADISON, Wis.–(BUSINESS WIRE)–American Family Insurance today unveiled Free to Dream, a $105 million commitment over the next five years to continue its work to help close equity gaps and improve the quality of life for communities. American Family will sharpen its focus on five major societal issues – which the company is calling its Free to Dream […]

    American Equity Reports Fourth Quarter and Full Year 2020 Results

    {February 24th, 2021} by American Equity

    WEST DES MOINES, Iowa–(BUSINESS WIRE)–American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs) today reported fourth quarter 2020 net loss available to common stockholders of $6.3 million, or $(0.07) per diluted common share, compared to net income available to common stockholders of $220.2 million, or $2.40 per diluted […]

    Principal Financial Group Announces Shareholder Value Initiatives

    {February 24th, 2021} by Principal Financial Group

    DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group® (Nasdaq: PFG) today announced steps to enhance shareholder value by initiating a strategic review of its business mix, capital management, and capital deployment options. Principal® will be adding two new independent directors to its Board of Directors, Maliz Beams and a second director to be named at a later date. These […]

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