Advisory M&A
Hub adds four firms in 2023; Fidelity buys equity management firm; CAPTRUST acquires $2.3B advisory in Nashville; and more.
Investment Service and Product Launches
Transamerica brings to market life insurance policy with guaranteed income option; J.P. Morgan app sends check deposits directly into IRAs; CAIA offers advisers digital assets online course; and more.
2022 M&A Action Picks Up Steam With Latest NFP Acquisition
The firm says its acquisition of Improved Funding Techniques Inc. expands its retirement footprint in the Northeast.
Long-Term Care Insurance Payouts Jumped During 2021
Clams paid this year represent a $2 billion increase over the total benefits paid by the long-term care insurance industry in 2018.
Hidden Commissions, Fraud Alleged in New Fiduciary Breach Lawsuit
Plaintiffs in a lawsuit filed in Tennessee say their adviser never disclosed that he received a commission on the sale of certain life insurance products and allegedly made substantial misrepresentations about how client dollars were being used.
Peragine and Biondo Join Hub
The global insurance firm continues to grow its stable of retirement plan specialists with the addition of two New York-based advisers.
Insurance Companies Are Experiencing Investment Challenges
Hub Acquires Inter-Mountain Retirement Partners (MRP)
David Reich, Hub retirement and private wealth, says the latest acquisition will help the firm improve its retirement planning and financial wellness capabilities.
PANC 2019: Risk Management for Advisers
Expert attorneys and fiduciary insurance carriers demonstrate how advisers can put their best foot forward.
Will Your Errors and Omissions Insurance Policy Keep You Dry?
Comment Deadline Arrives for NAIC Annuity Sales Best-Interest Rule
The standard-setting and regulatory support organization governed by the chief insurance regulators of all 50 states set today as a deadline for industry comments on the latest draft of a model best-interest suitability standard applying to annuity sales.
