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How to “pensionize” a 401(k) with a variable annuity: ow.ly/FJEc50QvvfH

A new study estimates that the Department of Labor’s proposed fiduciary rule could cost the industry billions of dollars annually if implemented as written. ow.ly/AkNA50QvvoR

MetLife reported a plunge in net profit for last year and a lower forecast for private equity returns, despite a fourth-quarter spike in revenue and robust earnings for group life. ow.ly/ouMk50QxU11

Fidelity Investments’ new annuity platform will give workers a chance to integrate guaranteed income streams into the rest of their retirement portfolios. ow.ly/SSWo50QxWCF

New York Life debuted a benefits suite for the employer market, betting that the rollout will fuel sales in a lucrative but increasingly competitive business line. ow.ly/8K1B50QxU5n

Momentum is building to implement the NAIC’ best interest standard for annuity recommendations in states where the rule is not yet in force. ow.ly/lwC850QAeaG

Annuities paid for through a fee instead of a commission could free up cash to economically hedge against the risk that buyers live longer than issuers expect, according to a top industry executive. ow.ly/bGY750QAjuo

Many Americans don’t have enough money to retire, so they’re either postponing retirement, or retiring too soon and then going back to work because they can’t afford living expenses. ow.ly/W4UU50QAiZt

With tax season in full swing, insurers and their distributors are counting on heightened consumer awareness of the approaching federal and state filing deadlines to help lift sales of life and annuity products. ow.ly/VNNP50QBkQm

Delaware lawmakers have introduced a bill that would block life insurers from using data from direct-to-consumer genetics tests from companies like Ancestry and 23andMe. Read the full article at the link below. ow.ly/wX4m50QG98H

Automation is the top reason why insurers are planning to cut jobs this year, according to the latest report from the Jacobson Group. ow.ly/jwgp50QHPwh

Investment bankers believe that life insurers will continue ramping up their offshore reinsurance activity — and pursuing more alternative investments — for years to come. ow.ly/NsBh50QILut

Ameriprise Financial CEO James Cracchiolo, who was already one of the industry's highest-paid chief executives, has scored a double-digit raise. Continue reading: ow.ly/HHtQ50QR8gy

South Carolina lawmakers are considering a bill that would require life insurers to provide coverage for human embryos. Continue reading on Life Annuity Specialist. ow.ly/njrm50R3cbT

Compared to five years ago, more young people are applying for life insurance, making them one of the main drivers fueling growth across the industry. ow.ly/f2zP50R5InR

Nationwide has been hit with a proposed class action claiming it illegally tries to silence people who may feel that, contrary to the insurer's famous ads, it isn't actually on their side. ow.ly/Ca0f50RauIR

An activist investor has put Prudential Financial on notice that he wants to see a change in how the company's board of directors is run. ow.ly/54oa50Rg9gB

A lawsuit filed against AM Best suggests that rating firms could find themselves in the thick of the debate over offshoring liabilities through reinsurance. Continue reading: ow.ly/6Vpe50RzARz

As insurers roll out more annuities for the worksite market, many carriers established in the retail market remain on the fence about joining the fray: ow.ly/M4yO50RNwy7

A handful of companies hold most of the life insurance industry's below-investment-grade collateralized loan obligations, according to a Life Annuity Specialist analysis of 2023 data. ow.ly/EIcV50Sa3ea