Advisor Today Blog

NAIFA Launches New Gold Standard for Life and Annuity Professionals

Practitioners who earn LACP Certification exemplify excellence in industry knowledge, ethical business practices The National Association of Insurance and Financial Advisors – the founders of the Life Underwriter Training Council Fellow (LUTCF) designation – present a new international certification, the Life and Annuity Certified Professionals (LACP), for life and annuity professionals. The NAIFA LACP serves consumers by recognizing financial professionals ...

Read More »

NAIFA Announces Nominees for Leadership Positions

Members will be able to hear from nominees for Secretary and the Board of Trustees prior to their formal election in Orlando this September. The National Association of Insurance and Financial Advisors’ Committee on Governance has nominated Cammie K. Scott, LUTCF, REBC, RHU, of CK Harp and Associates in Springdale, Ark., for the position of 2017-2018 NAIFA Secretary. The Committee ...

Read More »

Consumers Want Same Experience When Buying Life Insurance and Other Retail Products

A new LIMRA study reveals that consumers expect transparency from a life insurance purchase in the same way they would for buying other retail or travel products. There are several overarching factors that consumers feel contribute toward transparency. First, consumers want easy-to-understand terms and if possible, a glossary. They are also looking for clear and accurate ways to compare companies ...

Read More »

Female Advisors Weigh in on Industry Trends

An Edward Jones study of female financial advisors reveals the top issues concerning the financial-services industry in the next twelve months. “Key findings show female financial advisors are less worried about the impact of robo-advisors on their business and are finding new ways to work with female clients through women’s networks,” said Katherine Mauzy, Principal of Financial Advisor Talent Acquisition. “By ...

Read More »

Three in Four Older Americans Fail Retirement Income Literacy Quiz

Three in four retirement-age Americans fail a quiz on how to make their nest eggs last throughout retirement. Even more troublesome, older Americans between the ages of 60 to 75, with at least $100,000 in assets, display a worrying lack of knowledge on a variety of vital topics such as paying for long-term care expenses, investment considerations, strategies for sustaining ...

Read More »

Financial Stress Hurts Well-Being of Working Americans

The Guardian Life Insurance Company of America recently released Mind, Body and Wallet, the latest set of findings from the Fourth Annual Guardian Workplace Benefits Study. The research reveals that anxiety over personal finances is the leading cause of emotional stress and contributes to lower physical wellness.  While the study shows that many working Americans are dealing with financial and ...

Read More »

Medicare Enrollment—Clearing the Air

If you are an agent selling Medicare plans, one of the best things you can do for your clients is to clarify the sometimes confusing eligibility and sign-up rules and procedures they have to follow if they do not want to be penalized. As you know, Medicare enrollment begins three months before your client’s 65th birthday and continues for seven ...

Read More »

Huge Gap between Millennials’ Financial Confidence and Knowledge

Millennials are overconfident and underprepared when it comes to managing their money. This is according to new research funded by the National Endowment for Financial Education® (NEFE) and conducted by George Washington University. They consider themselves far more knowledgeable financially than they actually are. “Millennials are known for having unrelenting belief in their own abilities. This generation is diverse and ...

Read More »

Black Americans More Likely to Buy Life Insurance Than the General Population

Six in 10 Black American households (approximately 9.9 million) indicate they are fairly, or very likely to buy life insurance for themselves or another member of their household in the next 12 months, compared to just 45 percent of the general population. In a similar LIMRA study conducted in 2010, Black Americans proved to be more receptive to buying life insurance at that time ...

Read More »

John Hancock Teams Up with David Ortiz to Hit a Home Run in Retirement

Now that former Red Sox slugger David Ortiz has retired from a 20-year baseball career, he’s back to being a rookie – that is, a retirement rookie. This spring, instead of prepping for Opening Day, Ortiz is teaming up with John Hancock to navigate one of life’s biggest questions: What should I do now that I’m retired? This question is ...

Read More »