Thursday, November 15, 2012
Actuarial Guideline 38 (AG38) is an actuarial regulation that sets reserve requirements for all universal life products that utilize secondary guarantees, typically referred to as no-lapse guarantee (NLG) products. This regulation recently underwent ...
read more >>
Friday, November 2, 2012
Financial strength and claims-paying ability ratings of the insurer is one of the five factors of suitability. The obvious reason being that insurance is most simply defined as an agreement for the payment of a premium today in exchange for payment ...
read more >>
Friday, October 26, 2012
A known acronym in the English language is that FEAR is False Evidence that Appears Real. Clients fear getting a bad deal. Agents fear having nothing to sell. CPAs, tax attorneys and trust officers fear being held to a new higher standard for...
read more >>
Wednesday, October 17, 2012
Veralytic spoke recently at the Financial Planning Association Annual Conference in San Antonio, announcing that Veralytic is now available on the Practitioners Resource Guide. An interesting statement overheard at the conference was “Being a true...
read more >>
Wednesday, October 10, 2012
The financial planner plays an important role in making sure that a client’s portfolio is meeting the client’s objectives and is suitable for the client. Suitability should be having both an appropriate product against peer groups and an appropriate ...
read more >>
Tuesday, October 2, 2012
Financial strength and claims-paying ability ratings of the insurer is one of the five factors of suitability. The obvious reason being that insurance is most simply defined as an agreement for the payment of a premium today in exchange for payment ...
read more >>
Friday, September 14, 2012
A new survey of 500 registered investment advisors, investment advisory representatives and registered representatives aren’t as fiduciary as they think they are. This study from Financial Advisor magazine, 3ethos and Boston Research Group surveyed...
read more >>
Thursday, September 6, 2012
Fitch Ratings anticipates “modest improvement in industry profitability for the full year 2012. Results to date have been broadly in line with rating expectations, although Fitch's outlook recognizes uncertainties associated with the challenging...
read more >>
Thursday, August 30, 2012
According to Towers Watson's 30th survey of life insurance CFOs in spring of 2012, “Life insurers have been under significant financial pressure as the result of the continuing low interest rate environment, particularly those with significant...
read more >>
Thursday, August 16, 2012
School is starting again, have you learned your lessons yet? Let’s first reflect back to last year when we launched our new name Veralytic along with 3 questions to ask about EVERY policy review and discovered the difference between Butchers and...
read more >>