RILA

NAIFA Hails Passage of SECURE 2.0 and RILA Act to Benefit Consumers Preparing for Retirement

Retrieved on: 
Friday, December 23, 2022
Security (finance), Rila Monastery, National Association, Education, Omnibus Appropriations Act, 2009, Hill, LACP, Retirement, Insurance, Conference, White House, Publication, Special adviser (UK), RILA, SIMPLE, Congress, Legislation, 2020 United States federal budget, White, Registered, Animal, Financial adviser, Life insurance, Health insurance, Ethics

FALLS CHURCH, Va., Dec. 23, 2022  /PRNewswire-PRWeb/ -- Passage of the Registered Index-Linked Annuities (RILA) Act and the SECURE Act 2.0 as part of the 2023 Omnibus Appropriations bill greatly benefits consumers as well as the insurance financial professionals who help them prepare for retirement and achieve financial security. The National Association of Insurance and Financial Advisors (NAIFA) has strongly advocated on behalf of both pieces of legislation.

Key Points: 
  • "SECURE 2.0 will also make it easier for more companies to offer retirement plans for their employees.
  • NAIFA advocates have had additional meetings with lawmakers and sent letters urging passage of SECURE 2.0 and the RILA Act.
  • SECURE 2.0 is a retirement savings reform package that builds on the original SECURE Act.
  • NAIFA members in every congressional district advocate on behalf of producers and consumers at the state, interstate and federal levels.

TruChoice Adds 3 RILA Carriers to Product Shelf

Retrieved on: 
Wednesday, December 14, 2022
Financial Industry Regulatory Authority, Rila, Marketing, Suite, Polynesian Leaders Group, CUNA Mutual Group, FINRA, TruChoice Federal Credit Union, RILA, Lincoln National Corporation, SPD, Risk, Brighthouse Financial, Financial adviser

The additions give TruChoice's financial professionals expanded product offerings with seven RILA carriers to choose from.

Key Points: 
  • The additions give TruChoice's financial professionals expanded product offerings with seven RILA carriers to choose from.
  • "We're committed to staying at the forefront of this marketplace, and we're excited to almost double the number of RILA carriers we have available for our financial professionals.
  • TruChoice's recently added RILA carriers are Athene, Global Atlantic Financial Group, and Lincoln Financial Group.
  • They join TruChoice's existing RILA carriers, Allianz Life Insurance Company of North America, Brighthouse Financial, CUNA Mutual Group, and MassMutual Ascend.

Equitable Enhances Leading Buffered Annuities as Financial Protection Takes Center Stage in Current Market Environment

Retrieved on: 
Wednesday, October 26, 2022
Professional Services, Insurance, Finance, MSCI, Insurance, Retirement, Movement, Risk, Structural capital, Growth, Equitable Holdings, LLC, Russell, NYSE, NASDAQ, SCS, Income, Research, Investment, Index, Goal, RILA, SIPC, FINRA, Lifetime income tax, FP, Prospectus, FPS, Life insurance, Equitable

Equitable , a principal franchise of Equitable Holdings, Inc. (NYSE: EQH ) has been one of Americas leading financial services providers since 1859.

Key Points: 
  • Equitable , a principal franchise of Equitable Holdings, Inc. (NYSE: EQH ) has been one of Americas leading financial services providers since 1859.
  • Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (NY, NY), Equitable Financial Life Insurance Company of America, an AZ stock company, NJ, and Equitable Distributors, LLC.
  • Equitable is used throughout this release to refer to Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY), issuer of the Structured Capital Strategies and Investment Edge variable annuities.
  • The obligations of Equitable Financial and Equitable America are backed solely by their own claims-paying abilities.

Symetra Aligns Retirement Distribution Under Two Channel Leaders

Retrieved on: 
Wednesday, October 19, 2022
Professional Services, Marketing, Communications, Insurance, Finance, Banking, Personal Finance, Marketing, American Express, The Travelers Companies, Retirement, Symetra, Growth, VP, AIG, Distribution, Transamerica, FIA, Western Division, Consultant, Multimedia, Nationwide Mutual Insurance Company, RILA, Domestic international sales corporation, IBD, SPIA, Insurance, AVP, Solution, Leadership, Financial adviser, Nationwide

Ms. Cerrone joins Kevin McGarry, vice president, independent broker-dealer (IBD) channel, in leading Symetras core distribution channels.

Key Points: 
  • Ms. Cerrone joins Kevin McGarry, vice president, independent broker-dealer (IBD) channel, in leading Symetras core distribution channels.
  • The executives report to Andrew Farrell, senior vice president, Retirement Sales, Distribution and Marketing.
  • View the full release here: https://www.businesswire.com/news/home/20221019005879/en/
    Symetras story for Retirement Distribution this year has been one of transformation and growth.
  • In her new role, Ms. Cerrone assumes leadership for the Retirement Divisions field sales teams and relationship management in the bank and wire distribution channel.

Stylitics Appoints Renowned Industry Leader Karyn Schoenbart to Board of Directors

Retrieved on: 
Wednesday, October 12, 2022
Retail, Technology, Other Consumer, Women, Online Retail, Luxury, Other Retail, Discount, Variety, Men, Department Stores, Other Technology, Specialty, Software, Consumer, Fashion, Growth, Organization, Mentorship, Business, Arnold Schoenberg, University of Massachusetts Dartmouth, Woman, Technology, University, RILA, Association, CEO, The NPD Group, Advertising, Retail Industry Leaders Association, Chief executive officer, Algorithm, Management, Stylite, Walmart

Stylitics , the category leader in AI-powered automated visual merchandising and outfit styling, announced today that renowned retail expert Karyn Schoenbart has been appointed to its board of directors, effective immediately.

Key Points: 
  • Stylitics , the category leader in AI-powered automated visual merchandising and outfit styling, announced today that renowned retail expert Karyn Schoenbart has been appointed to its board of directors, effective immediately.
  • Karyn is a go-to expert for retail CEOs to help them make better business decisions, said Rohan Deuskar, Founder and CEO of Stylitics.
  • The former CEO of The NPD Group, Schoenbart is one of the worlds top consumer and retail thought leaders.
  • Schoenbart is a member of the board of directors of RILA, the Retail Industry Leaders Association.

TruChoice's SPD Team Helps Financial Professionals Excel

Retrieved on: 
Tuesday, September 20, 2022
TruChoice Federal Credit Union, VP, FINRA, Twitter, LLC, SPD, LinkedIn, Industry, RILA, Financial Industry Regulatory Authority, Solution, GLOBE, Marketing, Rila, Financial adviser, Public relations, Facebook

MINNEAPOLIS, Sept. 20, 2022 (GLOBE NEWSWIRE) -- TruChoice Financial Group, LLC, one of the largest distributors of insurance products in the financial services industry, is enhancing theirSpecialized Products Division (SPD) to help qualified financial professionals and broker-dealer networks better navigate the ever-growing suite of registered index-linked annuities (RILAs).

Key Points: 
  • MINNEAPOLIS, Sept. 20, 2022 (GLOBE NEWSWIRE) -- TruChoice Financial Group, LLC, one of the largest distributors of insurance products in the financial services industry, is enhancing theirSpecialized Products Division (SPD) to help qualified financial professionals and broker-dealer networks better navigate the ever-growing suite of registered index-linked annuities (RILAs).
  • In addition to thededicated wholesaling team of Financial Industry Regulatory Authority (FINRA)-registered, insurance-licensed professionals offering solutions from top industry carriers, financial professionals have access to innovative tools and resources, including a suite of consumer marketing platforms, multimedia sales tools, lead generation programs, and access to consultative marketing specialists.
  • Our goal is to provide effective tools to financial professionals to help them better serve their clients."
  • TruChoice Financial can also be followed on LinkedIn, Twitter, and Facebook.

The Second Annual Supply Chain Transparency Conference Brings Together Top Global Brands Rethinking New Standards

Retrieved on: 
Wednesday, September 14, 2022
American Apparel & Footwear Association, Traceability, Policy, VF Corporation, MIT, NEW, Uyghur Forced Labor Prevention Act, XUAR, Business case, Compliance, Sustainability, Chain, RILA, Supply, CEO, Retail Industry Leaders Association, Research, Conference, Multimedia, Globe, AAFA, Medical device, Cryptocurrency, Ferrero, Mars, EU

NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Sourcemap, a global provider of supply chain transparency and traceability software, will host its second annual Supply Chain Transparency Conference this September 21–22, 2022. The conference will feature executive speakers from top brands in food & agriculture, apparel, energy and other sectors, as well as compliance and policy experts in North America and Europe, with more than 500 audience members expected to attend.

Key Points: 
  • Ferrero, Mars, VF Corporation and more expected to attend conference hosted by Sourcemap, a pioneer in supply chain mapping
    NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Sourcemap , a global provider of supply chain transparency and traceability software, will host its second annual Supply Chain Transparency Conference this September 2122, 2022.
  • Logistics and trade disruptions exacerbated by ongoing world events are now punctuated by emerging policies that call for greater due diligence within global supply chains.
  • Bringing together policy, supply chain and industry experts to address timely topics including "The Business Case for Traceability," "Navigating Forced Labor Laws" and "Scaling Up Sustainable Supply Chains in Energy," the Supply Chain Transparency Conference will comprise two days of keynotes, panels and interactive Q&As.
  • Sourcemap is the pioneer of supply chain transparency and traceability software, spun out of early MIT research in 2011.

Barron’s Names Global Atlantic Among 100 Best Annuities for Income and Growth

Retrieved on: 
Wednesday, July 27, 2022
Banking, Professional Services, Insurance, Finance, Goal, KKR, IRA, Registered, Insurance, Industry, NYSE, SEC, Research, Mechanics, Solution, Compliance, Contract, Risk, Retirement, Income, Risk management, RILA, Prospectus, Annuity, IRS, Marketing, FIA, FSR, Suite, LLC, Growth, Excellent, Life insurance, Financial adviser, Atlantic Ocean, Fitch

Global Atlantic Financial Group (Global Atlantic), a leading financial services company, today announced its inclusion in the annual Barrons list of the Best Annuities .

Key Points: 
  • Global Atlantic Financial Group (Global Atlantic), a leading financial services company, today announced its inclusion in the annual Barrons list of the Best Annuities .
  • Annuities issued by Global Atlantic subsidiary Forethought Life Insurance Company were recognized by Barrons in the Registered Index-Linked Annuities and Fixed-Indexed Annuities categories.
  • Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited.
  • The Global Atlantic rating is for Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company, Forethought Life Insurance Company, Global Atlantic Assurance Limited and Global Atlantic Re Limited.

Great American Life Launches New Registered Index-Linked Annuity For Investment Advisors

Retrieved on: 
Thursday, July 21, 2022
Finance, Banking, Professional Services, Other Professional Services, Insurance, American Life, RIA, Index, American Insurance Company Building, Afro-American Life Insurance Company, American Advisors Group, Solution, FINRA, Risk, RILA, Prospectus, Â, MetLife, MassMutual, American, Broker-dealer, LLC, Growth, SRI, American Financial Group, Financial adviser

Great American Life Insurance Company, a wholly owned subsidiary of MassMutual, offers traditional fixed, fixed-indexed and registered index-linked annuities in the retail, broker-dealer, financial institutions and registered investment advisor markets.

Key Points: 
  • Great American Life Insurance Company, a wholly owned subsidiary of MassMutual, offers traditional fixed, fixed-indexed and registered index-linked annuities in the retail, broker-dealer, financial institutions and registered investment advisor markets.
  • Great American Lifes registered index-linked annuities can only be sold through a Broker/Dealer that is contracted with Great American Life Insurance Company.
  • Principal Underwriter/Distributor: Great American Advisors, LLC, member FINRA and an affiliate of Great American Life Insurance Company.
  • Great American appearing with the Great American Logo is a registered trademark of Great American Insurance Company and is used under license.

UBS launches US equity-focused Climate Aware Equity Index to help investors meet environmental and financial goals

Retrieved on: 
Wednesday, July 20, 2022
Professional Services, Environment, Finance, Goal, Carbon, UBS, Baird (investment bank), SIX Swiss Exchange, NYSE, Renewable energy, Climate, Solution, Investment banking, Judgement, Climate change, New, Income, RILA, Prospectus, Weather, Exercise, Philosophy, UBS AG, Hope, Accounting, Suite, ESG, LLC, Rila Monastery Nature Park, Life insurance, Financial services, Insurance, Bank, Index

Featured by Global Atlantic in a registered index-linked annuity (RILA), the UBS Climate Aware Equity Index is pioneering climate-focused indices in the US RILA market.

Key Points: 
  • Featured by Global Atlantic in a registered index-linked annuity (RILA), the UBS Climate Aware Equity Index is pioneering climate-focused indices in the US RILA market.
  • The Index applies a systematic, rules-based approach to select and weight Index constituents based on climate scores.
  • UBS Climate Aware Equity Index scoring aims to consider key risks and opportunities related to climate change using six climate scores; carbon emission, coal energy, fossil fuel reserves, renewable energy, emissions trajectories and severe weather events.
  • Ghali El Boukfaoui, Head of Insurance Solutions at UBS Investment Bank said: "We are proud to collaborate with Global Atlantic around UBS Climate Aware Equity index which allows investors to access the theme of a low carbon and climate resilient economy, exclusively within Global Atlantic inaugural Registered Index Linked Annuity.