Industry News

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NEWS LIFE INSURANCE AND ANNUITIES SEP 12, 2011
'AIG' no longer MIA as insurer revives name in commercial

Once-demonized carrier slowly restoring its brand; 'even Charlie Sheen got another shot'

By John Goff
NEWS INDUSTRY NEWS SEP 12, 2011
Come on-a my house

Eager to boost their ranks, wirehouses are turning to an unexpected source: indie B-Ds. What's more, the big shops are dangling some compelling incentives to convince the reps to jump. <b>INTV:</b> <a href=http://www.investmentnews.com/section/multimedia?playerType=INTV&amp;bctid=1151711017001><i>The incredible shrinking wirehouse</i></a>

By John Goff
Advisers most loyal to this VA provider
NEWS LIFE INSURANCE AND ANNUITIES SEP 12, 2011
Advisers most loyal to this VA provider

Jackson National takes top spot; Pru at No. 2

By Darla Mercado
NEWS INDUSTRY NEWS SEP 12, 2011
Alternatives attractive amid market volatility

Increased market volatility is driving more financial advisers toward alternative investments and a more active approach to investing, a new survey from Jefferson National Life Insurance Co. has found

By Jeff Benjamin
NEWS INDUSTRY NEWS SEP 12, 2011
Chill economic winds ahead, advisers say

Financial advisers, normally an optimistic lot, are growing increasingly gloomy about the economy

By Dan Jamieson
NEWS RIAS SEP 12, 2011
Time to warn clients about gold scams

Advisers, beware: The dramatic run-up in the price of gold, coupled with increased fear of more economic and market downturns, makes clients especially susceptible to gold-related investment scams

By MFXFeeder
NEWS INDUSTRY NEWS SEP 12, 2011
Bill Gross: Chances of a new recession are now 'high'

Yesterday, Pimco managing director and co-CIO <a href=http://twitter.com/#!/PIMCO>tweeted</a> that a recession is &quot;likely as markets recognize impotency of policymakers.&quot;

By Mark Bruno
NEWS LIFE INSURANCE AND ANNUITIES SEP 12, 2011
Insurance agent to face 99 years in prison for selling phony annuities

A 76-year-old insurance agent is facing nearly a century of prison time after pleading guilty to securities fraud stemming from the sale of unregistered securities and fake investments.

By Darla Mercado
Regulator aims to tighten rules for 529 plan providers
NEWS RETIREMENT PLANNING SEP 12, 2011
Regulator aims to tighten rules for 529 plan providers

MSRB to issue more guidance on college savings vehicles by year-end; could be complicated for distributors

By Liz Skinner
NEWS RIAS SEP 11, 2011
Big hopes for a modest jobs plan

The modestly sized jobs plan President Barack Obama proposed last Thursday, if passed by Congress, might be good news for many financial planning and investment advisory firms, but it seems unlikely to do much for most of their clients

By MFXFeeder
NEWS LIFE INSURANCE AND ANNUITIES SEP 11, 2011
More catastrophe bonds likely with investor demand strong

The catastrophe bond market appears set to rebound during the second half this year despite a slower pace during the first half

By Rodd Zolkos
NEWS LIFE INSURANCE AND ANNUITIES SEP 11, 2011
Analysts reduce earnings outlook for life insurers

Although analysts are trimming third-quarter-earnings estimates for many life insurers, most remain upbeat about the long-term prospects for the sector

By Darla Mercado
NEWS RETIREMENT PLANNING SEP 11, 2011
What was Showtime smoking?

A recent episode of &#8220;Weeds,&#8221; a Showtime television series that features a marijuana-selling single mom, raises the question of what would happen if a crooked financial professional managed a federal investigator's retirement money

By Liz Skinner
NEWS INDUSTRY NEWS SEP 09, 2011
Double your pleasure

Spencer Bachus, the influential GOP representative and committee leader, has backed the creation of an adviser SRO -- and perhaps more than one.

By John Goff
Finra small-firm campaign getting ugly
NEWS INDUSTRY NEWS SEP 09, 2011
Finra small-firm campaign getting ugly

'Name calling,' 'conspiracy theories' spice up election for seat on board

By Dan Jamieson
NEWS RIAS SEP 09, 2011
Advisers: Staff up, then make your bid for new business

If you've set on a path to expand your business, you might be racking your brain trying to think of ways to attract new clients.

By Mark Schoeff Jr.
NEWS LIFE INSURANCE AND ANNUITIES SEP 09, 2011
Variable annuity market preps for features arms race

Smaller variable annuity writers are expected to give the big boys a run for their money in the battle for market share

By Darla Mercado
No floor yet for plunging housing market
NEWS RETIREMENT PLANNING SEP 08, 2011
No floor yet for plunging housing market

A report today showed that housing valuations remain mired in a horrific slump, with year-over-year prices still way down. Even when the market does bottom out, don't expert a rapid rebound.

By John Goff
NEWS LIFE INSURANCE AND ANNUITIES SEP 08, 2011
MetLife seeks reduced income-benefits for VAs

MetLife Inc., the top seller of variable annuities, is seeking permission from regulators to sell two new income benefits featuring lower withdrawal percentages for its variable annuity riders.

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES SEP 08, 2011
Ratings aside, new Security Benefit CEO aims for stronger retirement product presence

Insurance and investment veteran Michael Kiley, who will take the helm of Security Benefit Corp. on Sept. 30, is setting his expectations high.

By Darla Mercado