NAIFA’s Expert Ideas Workshops

Visit the expo hall at the NAIFA Performance + Purpose Conference and attend the 25-minute Expert Ideas Workshops focused on sales, prospecting and practice-management ideas. See a full list of the Expert Ideas Workshops, which will take place in a special presentation space inside the expo hall.

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Labor Dept. wants comment on delay of fiduciary-rule provision

The Labor Department will take public comment for 15 days on a proposal to delay for 18 months the effective date of the best-interest contract exemption in the fiduciary rule. The agency also plans to propose a streamlined version of the exemption. ThinkAdvisor (free registration) (8/30),  InsuranceNewsNet online (8/30),  InvestmentNews…

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How financial advisers can aid clients after disaster strikes

How financial advisers can aid clients after disaster strikes As the devastating effects of Hurricane Harvey continue to unfold, columnist and retirement planner Dave Grant offers strategies to help advisers give disaster-affected clients the most effective support. In addition to briefing victims on their insurance status and suitable portfolio withdrawals…

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Labor Dept. aims to postpone fiduciary rule’s compliance deadline

The Labor Department has filed with the Office of Management and Budget to delay by 18 months the January deadline for full compliance with the department's fiduciary rule. The OMB has 90 days to review the proposal. Investment Advisor

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Yellen: Risks that caused financial crisis remain

  The US financial system is safer than it was before the financial crisis but this is no time to become complacent about protecting the system's stability, Federal Reserve Chair Janet Yellen said at the central bank's annual conference in Jackson Hole, Wyo. She warned of "the all-too-familiar risks of…

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ebusiness

IRS publishes amendment on partial annuity distributions

The IRS has released model amendments that defined benefit retirement plan sponsors can use if they want to offer participants partial annuity distribution options. The IRS revised its regulations to encourage plan sponsors to offer annuities to protect participants from the financial risks of unexpected longevity. PlanSponsor online

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Beneficiaries have options for lowering inherited-annuity taxes

People who inherit a nonqualified annuity have options for lowering the tax liability, says Laird Johnson of AXA Distributors. Those options include stretching distributions over the beneficiary's expected lifespan or using a 1035 exchange to shift funds into another vehicle, such as a long-term-care insurance policy. Financial Planning online

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Commentary: 6 key words add up to client loyalty

Management coach John Bowen lists six key words — all beginning with C — that he says are paramount in strengthening client loyalty. "A devoted, delighted client base is vital to creating and growing a truly exceptional practice," he writes, noting this is important because "[w]e are moving toward an…

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gamification

Our office will be closed Tuesday, Aug 15

Team Brokers Central will be attending an exciting professional development day on Tuesday, Aug 15 along with some of our Premium & Priority brokers. The programs will be directed by Simcha Gluck co-founder of FreshBiz featuring his one-of-a-kind "gamification" program. Along with BC company advisors Phyllis Calvano & Vince Vitiello. Our…

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Press Release: Shiffy Schwartz Joins Brokers Central

New account executive will coach life insurance brokers to reach the next level MONTEBELLO, NY– AUGUST 14, 2017 – Brokers Central is pleased to announce that Shiffy Schwartz will join its team as an Account Executive effective September 1.   Schwartz brings more than 10 years of life insurance experience…

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