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 […]

July 07, 2017

Annuity and Life Insurance Product Update – Q2 2017

This slide deck examines new product releases from annuity carriers and life insurers covered in our Annuity Monitor and Life Insurance Monitor research services. Inside, we provide a rundown of the new products introduced on the firms’ websites in the second quarter of 2017 and highlight their key features. If you are unable to access […]

May 09, 2017

Could Nationwide’s New Guaranteed Retirement Income Option Fill a Marketplace Void?

The decline of traditional pensions, increase in life expectancy and potential for a low returns environment over the coming decades mean that many Americans will need to supplement the retirement income they can expect from Social Security and employer-sponsored plans to adequately prepare for retirement. Consumers currently have the option to choose from a number […]

May 04, 2017

Industry Perspective on DOL Fiduciary Rule Impact

Last week, Corporate Insight attended the LIMRA Retirement Conference. The tenor of this year’s conference was strongly affected by the uncertainty surrounding the DOL fiduciary rule, although most firms already have plans underway for meeting the new standards. As one speaker remarked, DOL stands for “Document or Litigate.” The need for firms to adjust compliance […]

April 10, 2017

How Prudential Makes Long-Term Planning Tool More Compelling with Customization

Prudential’s recently launched Your Life. Visualized. tool supports financial planning with a unique level of personalization. After prospects enter information about their families, financial statuses and long-term plans, the tool generates a personalized timeline that estimates the costs of future life events. For prospects focused on day-to-day expenditures, long-term planning seems abstract, making it difficult […]