October 05, 2017

Comprehensive Compliance Tools Protect Advisors

The Office of Management and Budget recently approved the Department of Labor’s request to delay full implementation of its widely discussed fiduciary rule from January 1, 2018 to June 1, 2019. Despite this decision, the annuity industry still needs to prepare to comply with the rule and educate advisors on upcoming changes. Two firms—AmeriLife and […]

September 07, 2017

More Firms Join the Trend to Solicit Feedback

As consumers grow more accustomed to the ability to rate and comment on the businesses they patronize, it’s important that firms keep pace with their clients’ expectations and needs. One way to do this is to ask for direct feedback on firm’s offerings and for suggestions for improvement. A wave of life insurance and annuity […]

August 23, 2017

The Benefits of Running a Marathon: Health, Longevity and Cheaper Life Insurance

Participating in a triathlon, reaching that eight-minute mile time and passing the one-year mark living a vegan lifestyle are all fitness goals that take dedication, time and commitment to health. Health IQ provides less expensive term life insurance for health-focused and athletic people who reach these types of goals. The company bases its practice on […]

Five Questions to Consider for Narrative Forms

In a rapidly changing digital world, online forms have changed surprisingly little since the earliest days of the internet. While forms play a crucial role in online tasks—particularly within financial services—there’s no need for online forms to maintain the same static layout as paper forms. Some financial services firms update forms by replacing lists of […]

July 27, 2017

Fiduciary Regulations Emerging at State Level

The Department of Labor’s Fiduciary Rule has consumed industry attention over the last six months. The rule expands the 1974 ERISA Act’s definition of an investment advice fiduciary and requires advisors to act in their clients’ best interest at all times. The industry’s fixation has only increased since June 9, when phase one of the […]

July 25, 2017

MassMutual Launches Online Life Insurance Pilot

MassMutual continues to expand its online life insurance offerings with the new MassMutual Direct product. While the firm offers an extensive lineup of products for purchase online, the new term policy is the first fully underwritten policy available online directly from MassMutual. Notably, the firm launched MassMutual Direct as a pilot program and is not […]

July 11, 2017

Prudential Personalizes Financial Wellness

As part of its recent private site revamp, Prudential expanded its educational resources with a wealth of articles, videos and recommendations. In an unusual arrangement, the firm allows prospects to create an account and save resources on a personalized My Financial Life microsite identical to the corresponding new private site section. The microsite allows anyone […]

July 10, 2017

Principal Incentivizes Healthy Lifestyle Choices with the My Principal Lifestyle Program

Principal launched a limited-time program called My Principal Lifestyle to reward clients for healthy lifestyle practices with gift cards. Principal is the second firm in the Life Insurance Monitor coverage group, after John Hancock, to launch a program that incentivizes healthy lifestyles with rewards. While the John Hancock Vitality program offers premium discounts in addition […]