FIA Complaints Continue To Be Very Low

Annuity News

By Jack Marrion

April 1, 2013

"FINRAand the Securities and Exchange Commission (SEC) recorded more 15,000 customer complaints in 2012 - index annuities had 54.

It hasn't always been this way. The annual study conducted by Advantage Compendium shows that complaints against index annuities leaped in the middle of the last decade as index annuity sales more than doubled. The responses to the increase were new suitability standards and agent training. The result has been markedly fewer complaints even though index annuity sales continue to grow."

Boomers Want Annuities, They Just Don't Know It

Life Health Pro

By Michael K. Stanley

April 12, 2013

Those nearing retirement are looking for investment vehicles that protect their savings while providing a steady income that is somewhat insulated from market volatility.

A recent study from the Allianz Life Insurance Company of North America (Allianz) suggests that despite record highs for the Dow and an overall stable market, consumers have been jaded by the recession and desire uncorrelated investments.

It Takes Work to Plan a Successful Retirement

Life Inc. on Today

By Herb Weisbaum

April 12, 2013

You work all your life and dream of the day when you can ease back a bit and enjoy the fruits of your hard labor. But unless you plan for your retirement, that dream could turn into a financial nightmare.

During a TODAY Money web chat on Wednesday, Tobie Stanger, a senior editor at Consumer Reports Money Adviser answered a variety of questions about retirement. She said it's never too early to start planning your retirement.

NAIFA Members Hit Capitol Hill

Life Health Pro

By Arthur Postal

April 8, 2013

An estimated 1,000 life insurance agents will be advising their legislative representatives on the importance of maintaining strong incentives for people to save as part of the National Association of Insurance and Financial Advisers annual conference being held in Washington, D.C.

On Monday, Gov. Dirk Kempthorne, president and CEO of the American Council of Life Insurers, told them, "You are interwoven in American history. When you spread the message about the great life insurance industry, you are spreading the great tale of American history," as part of an issues briefing. Sen. Ron Johnson, R-Wis., also spoke.

Join NAFA this June at our Annuity Leadership Forum for our Fly-In on Wednesday June 12, 2013.  Click below to register!