Brian Anderson

Sep 16, 2024 | portfolio.bisanet.org | Brian Anderson |Susan Rupe |Allison Bell

The Securities and Exchange Commission’s Investor Advisory Committee will host a panel discussion on the topic of who is required to serve in the client’s best interest during a public meeting in Washington D.C. on Sept. 19.

Mar 1, 2024 | portfolio.bisanet.org | Brian Anderson |Rich Blake |Robert Steyer |Medora Lee

According to a study by the Investment Company Institute (ICI), in mid-2023, 55.5 million U.S. households, or 42.2%, reported that they owned an individual retirement account (IRA), representing 36% of household financial assets among those owning them. "Our research finds that IRA-owning households report willingness to take some investment risk for financial gain,” said Sarah Holden, ICI senior director of retirement and investor research. Rollover activity has fueled recent IRA growth.

Feb 21, 2024 | portfolio.bisanet.org | Brian Anderson |Cynthia Hoes |Silla Brush

Cerulli Associates is urging asset managers to adapt their approach in working with advisors who focus on defined-contribution (DC) plans. Most top-tier asset managers have separate wholesaler teams dedicated to covering the DC market, including B/D-based advisor practices that specialize in advising retirement plans.

Aug 10, 2023 | insurance-forums.com | Brian Anderson

Federal spending on bonus payments to insurance companies that offer Medicare Advantage plans will reach at least $12.8 billion in 2023, according to a new KFF analysis. That is a nearly 30% increase from 2022, and more than quadruple the spending in 2015. The data come from one of three analyses released Aug. 9 by KFF that examine various facets of the Medicare Advantage program, which provides health insurance coverage to nearly 31 million Americans.

Jun 14, 2023 | insurance-forums.com | Brian Anderson

Total U.S. retail life insurance new annualized premium fell 7% in the first quarter 2023 to $3.75 billion, yet the number of policies sold increased 4% from the prior year, according to results from LIMRA’s first quarter 2023 U.S. Retail Individual Life Insurance Sales Survey. This represents the highest policy sales growth since the second quarter 2021, during the height of the pandemic sales surge.