Alera Group Strengthens Midwest Reach with Kansas City Wealth Advisory Addition
Alera Group expands Midwest footprint by integrating Kansas City wealth advisory and retirement plan practice, enhancing regional capabilities and client services.
TruChoice Launches SmartHub Platform to Streamline Annuity Sales
TruChoice Financial Group launches SmartHub, an integrated platform streamlining annuity sales for financial professionals with enhanced order management and compliance.
BCG Pension Risk Consultants Bolster Team with Veteran Actuarial Experts
BCG Pension Risk Consultants enhances its defined benefit pension plan services by hiring experienced actuarial experts, reinforcing its market leadership in pension risk transfer and de-risking solutions for plan sponsors.
2025 Study: Industry Faces Challenges Educating Consumers on Life Insurance Costs
The 2025 Insurance Barometer Study shows consumer education gaps and cost misconceptions hinder life insurance purchases. Industry must enhance outreach and licensed agent involvement.
Penn Mutual Recognized Among 2025 Best Workplaces in Financial Services & Insurance
Penn Mutual earns a spot on the 2025 Fortune Best Workplaces in Financial Services & Insurance list, recognized for a strong workplace culture and employee trust.
JG Wentworth Issues $300M in Structured Settlement-Backed ABS, Surpasses $2B Since 2020
JG Wentworth completes $300 million issuance of structured settlement-backed asset-backed securities, surpassing $2 billion cumulative ABS since 2020 with strong institutional investor demand.
Bearish Sentiment Targets Macy's and CNA Financial; PJT Partners Worth Watching
Wall Street shows bearish price targets for Macy's and CNA Financial amid market volatility, while PJT Partners offers a noteworthy stock watch. Insights for insurance and financial sectors in 2025.
Phoenix Group Invests £75M in Worley Marking Expansion into Australian Private Debt Market
Phoenix Group commits £75M in private debt to Worley, expanding into the Australian market and advancing sustainable investment in energy transition sectors.
Athene Leads U.S. Annuity Market Amid Pension Deal Decline and Strategic Shift
Athene Holding sustains leadership in U.S. annuities despite a 19% sales decline and nearly vanished pension deals. Strategic focus shifts to fixed-indexed annuities and defined contribution retirement solutions amid litigation challenges.
Michigan Financial Advisor Faces Trial for Insurance Fraud with Annuities
Michigan financial advisor Todd Bernstein charged with insurance fraud for submitting false annuity applications involving early annuity surrenders, under investigation by Michigan DIFS and Attorney General.