Sign on Constitution Avenue for the US Department of Labor HQ at the Frances Perkins Building in D.C.

Decoding the DOL’s New Fiduciary Rule

The Biden Administration announced last week the latest Department of Labor (DOL) amended fiduciary rule proposal that, if adopted, would dramatically impact the way independent advisors do business with any qualified money sales. The DOL’s 800-page “Retirement Security Rule” (available here) is allegedly designed to close loopholes in the current “Best Interest” regulations, including as…

Tablet computer with life insurance policy in hands of agent talking to couple

The SPL Alternative

The conversation about long-term care can be difficult. Many people have yet to consider the impact it can have on their retirement. Others simply do not want to accept that a time may come when they can no longer live independently. But the truth is nearly 70% of Americans will need long-term care at some…

On The Move – October 31, 2023

Trick or treat! Athene rates have increased!  They have also just announced a .50% bonus commission on FIA’s. We’ve attached fliers with all of the details on rate and commission hikes, but here are just a couple of samples: MYGA rates that will blow away the competition: Indexing options that are second to none: These…

Listening to financial advisor. Concentrated young couple bonding to each other and listening to some man sitting in front of them at the desk in office

Long-Term Care Insurance Awareness Month

November is Long-Term Care Insurance Awareness Month. Like other “Awareness Month” campaigns (Life Insurance in September and Annuity in June), this presents an opportunity to discuss how a certain solution—in this case, LTC coverage—can fit within your clients’ and prospects’ retirement portfolios. The conversation about long-term care can be difficult. Many people have yet to…

On The Move – October 24, 2023

October 25, 2023 – Effective Date of Change Sagicor Life Insurance Company MYGA October 26, 2023 Effective Date of Change American Life Fixed Indexed Annuity American Fusion MYGIA 10,000+ MYGA Oceanview Life and Annuity Fixed Indexed Annuity Harbourview FIA 10 20,000+ Harbourview FIA 10 CA 20,000+ Harbourview FIA 3 20,000+ Harbourview FIA 3 CA 20,000+ Harbourview FIA 5 20,000+ Harbourview FIA 5…

businessman excited about his complimentary marketing analysis that will help him voice his unique value proposition

Unearthing Your Unique Value Proposition

Finding and effectively communicating your unique value proposition (UVP) is a vital step towards success. A UVP sets you apart from the crowd and helps potential clients understand why they should choose you as their financial advisor. This should be a succinct statement that defines what makes you, as a financial advisor, different from your…

On The Move – October 17, 2023

October 23, 2023 – Effective Date of Change Lincoln Financial Group Fixed Indexed Annuity Lincoln Core Capital 10,000+ Lincoln Core Capital 100,000+ Lincoln Covered Choice 5 10,000+ Lincoln Covered Choice 5 100,000+ Lincoln Covered Choice 5 Advisory 10,000+ Lincoln Covered Choice 5 Advisory 100,000+ Lincoln Covered Choice® 5 II 10,000+ Lincoln Covered Choice® 5 II 100,000+ Lincoln Covered Choice® 5 II Advisory 10,000+ Lincoln Covered…

Social Security money

SSA Announces COLA Increase for 2024

The more than 66 million Americans who receive Social Security retirement benefits are set to receive a cost-of-living increase next year. The Social Security Administration (SSA) announced this week a 3.2% COLA boost for 2024. This is significantly lower than last year’s 8.7% increase. The increase will see the average monthly benefit check jump by almost $60…

On The Move – October 10, 2023

October 15, 2023 – Effective Date of Change Lincoln Financial Group Fixed Indexed Annuity Lincoln Core Capital 10,000+ Lincoln Core Capital 100,000+ Lincoln Covered Choice 5 10,000+ Lincoln Covered Choice 5 100,000+ Lincoln Covered Choice 5 Advisory 10,000+ Lincoln Covered Choice 5 Advisory 100,000+ Lincoln Covered Choice® 5 II 10,000+ Lincoln Covered Choice® 5 II 100,000+ Lincoln Covered Choice® 5 II Advisory 10,000+ Lincoln Covered…

Senior couple meeting with financial advisor

Shifting Paradigms: The Importance of Holistic Financial Planning

The role of the financial advisor has evolved significantly in recent years. Gone are the days when advisors merely executed transactions on behalf of their clients. Instead, a paradigm shift is underway, with financial professionals now emphasizing holistic financial planning. This transformation is a response to the growing need for comprehensive, client-centric advice that addresses…