Midland National® Life Insurance Company Releases e-App for Annuities
{April 4th, 2016} by Midland National
WEST DES MOINES, IA–(Marketwired – April 04, 2016) – Midland National announced today the release of a new electronic application (e-App) system for fixed annuity products. This new e-App system allows financial professionals to submit annuity applications online, resulting in faster processing of new business. “Our financial professionals are really going to like how the […]
Pacific Life Introduces Interest Enhanced Death Benefit
{April 4th, 2016} by Pacific Life
A New Optional Death Benefit Provides Growth During Times of Market Volatility NEWPORT BEACH, CA–(Marketwired – April 04, 2016) – Financial professionals who want to help clients enhance the legacies they leave to loved ones have a new strategic tool — Interest Enhanced Death Benefit from Pacific Life. Available as an option with all Pacific […]
Why women don’t trust financial advice
{April 3rd, 2016} by Kelley Holland
If you are not a wine aficionado and your waiter recommends a pricey bottle, you can be forgiven for thinking it is more about netting a big tip than improving your meal. The same thing apparently happens with women and financial advisors. More than 90 percent of the respondents to a recent survey said they […]
LPL Financial’s problems keep piling up
{April 3rd, 2016} by Bruce Kelly
Nation’s largest independent broker-dealer faces a slumping stock price, ugly lawsuit, a legacy of turnover among top executives and stalled adviser growth Last October, a month after an activist investor took a large stake in LPL Financial Holdings Inc. and claimed that its shares were undervalued, the company announced a plan to boost its stock […]
Why life insurers are saddling up to Silicon Valley
{April 1st, 2016} by Warren S. Hersch
The words “venture capital” usually call to mind California-domiciled firms that dominate the VC space. The marquee names in the arena —Accel Partners, Benchmark Capital, Greylock Partners, Sequoia Capital and others — regularly make headlines with investments in Silicon Valley firms that are blazing new paths in the tech world. Less often associated with venture […]
The 5 Real Reasons Millennials Don’t Invest
{April 1st, 2016} by David Ronick
There’s been a lot of talk lately about millennials and money. The biggest generation, over 75 million strong, is missing the boat on investing — the best way to put money to work historically.* What exactly is going on here, and why? To learn more, Stash partnered with Harris Poll and conducted a survey […]
The Ohlson Group and Midwest Insurance Marketers of Indiana Announce Strategic Alliance
{April 1st, 2016} by The Ohlson Group
Carmel, IN – Raymond J. Ohlson, CLU, CRC, and CEO of Carmel (IN)-based The Ohlson Group, Inc., announces a strategic alliance with Midwest Insurance Marketers of America (MWIMA). “I’m excited to announce,” says Ohlson, “that MWIMA will provide training, marketing, and educational support to The Ohlson Group’s agents who are interested in offering Senior Health […]
MetLife Deal Signals Hard Times Coming for Variable Annuity Sales
{April 1st, 2016} by Cyril Tuohy
MetLife’s decision to sell its career agency insurance channel and broker-dealer to mass-Mutual Financial Group may signal that contraction of the annuity market that some analysts predicted would come from the Department of Labor’s new fiduciary rule. The controversial rule changes “the landscape when it comes to commission-based sales for variable annuities, mutual funds and […]
