- Getting Value From Data – The Insurer’s Perspective
How 91% of carriers are prioritizing the use of data and analytic technologies to inform decisions on pricing
In a new report commissioned by Equisoft, global research firm Celent presents the findings of an executive study aiming to understand how North American insurers are actually creating value from their data, and how they are improving their abilities to expose and use their data for more than administrative purposes, while overcoming the key risks…
read more - The Impact Of A Healthy Lifestyle On Retirement
Establishing health interventions that could allow individuals, employers, and insurers to share in the value of people living longer, healthier, and – ideally – more purpose-filled lives
Lifestyle improvements not only bolster the health and life expectancy prospects of younger adults, but also have a material impact on post-retirement life, according to research conducted by Vitality for the Society of Actuaries (SOA) Research Institute.
read more - Apella Capital To Establish Partnership With Wealth Partners Capital Group
Connecticut-based RIA will receive investment to fuel acquisition-based growth
Apella Capital LLC (“Apella”), a Connecticut-based registered investment adviser (“RIA”), has entered into an agreement to form a strategic partnership to accelerate its growth through acquisition and tap into industry expertise. Apella is pleased to announce that it will receive a minority investment from Wealth Partners Capital Group (“WPCG”), a financial services holding company.
read more - Small Business Hiring Experienced A Decline In August
Hiring trends decrease, as pandemic concern heighten and labor shortages persist
The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 1.79% for August, marking a significant decline following two months of growth during the summer season.
read more - U.S. ‘Retiree Wellbeing’ Sinks To #17 Globally
Savers hope for a miracle
The United States slipped one spot to No. 17 among developed nations in the 2021 Global Retirement Index (GRI), released today by Natixis Investment Managers (Natixis IM). The ninth annual index, a snapshot of the relative financial security of retirees in 44 countries, shows that many Americans feel that their retirement dreams are slipping away,…
read more - Middle Income Malaise
From the gas pump to groceries, consumers are experiencing higher prices
Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the U.S. and Canada, is releasing its latest quarterly Middle-Income Financial Security Monitor – a national survey of middle-income families measuring their financial situation.
read more - The Covid Surge Slows The Road To Recovery
Only 38% of small business owners believe the United States is heading in the right direction – a 29% decline since June
Small business owners across America are ringing the alarm about the direction the country is headed and are struggling to manage inflationary pressures, navigate the labor shortage and confront mental health struggles, according to a new survey released today from Goldman Sachs 10,000 Small Businesses Voices.
read more - Corporate Tax Rate Report
Which companies are paying the highest, and lowest?
With President Biden’s American Jobs Plan proposing increasing the corporate tax rate to 28%, the personal-finance website WalletHub today released its latest Corporate Tax Rate Report and expert commentary. The report provides an in-depth analysis of the 2020 federal, state and international tax rates paid by the S&P 100 companies, the largest and most established…
read more - Securian Financial & Securian Asset Management Sign Principles For Responsible Investment
PRI signatories are committed to including environmental, social and governance (ESG) factors in their investment decision making and ownership
Furthering their commitment to secure a sustainable future, Securian Financial and its subsidiary, Securian Asset Management, have signed the United Nations-supported Principles for Responsible Investment (PRI).
read more - Digital Asset Investment Products Gaining Favor Among U.S. & European Institutional Investors
U.S. and European interest in digital asset investment products increased 12 percentage points year-over-year
The majority (84%) of U.S. and European institutional investors are interested in purchasing institutional investment products that hold digital assets, and in the U.S., investors favor accessing these products through traditional financial firms, according to new insights from Fidelity Digital Assets’ 2021 Institutional Investor Digital Assets Study.
read more - U.S. Life Insurance Activity Returns To Year-Over-Year Growth
Growth remains strong YTD
U.S. life insurance application activity returned to growth in August 2021 compared to August 2020 with Year-over-Year (YOY) activity up +5.5%. While YOY comparisons are impacted by fluctuations in 2020 activity due to COVID, when comparing results to 2019, August 2021 is up +9.5%. The industry remains at growth on a YTD basis with 2021…
read more - Jackson Financial Completes Separation From Prudential
“Regular Way” trading on NYSE expected to commence on September 20, 2021
Jackson Financial Inc. (Jackson®) today announced that it has completed its previously announced separation from Prudential plc (Prudential; NYSE: PUK) through a demerger. Jackson is now an independent company, and its Class A common stock is expected to commence “regular way” trading under the ticker symbol “JXN” on the New York Stock Exchange on September…
read more - Good Tidings For Retailers
U.S. holiday retail sales may grow 7.4%* in 2021
Consumers and brands alike are gearing up for what’s anticipated to be the most wonderful holiday retail season on record. According to Mastercard SpendingPulse™, which measures overall retail sales across all payment types including cash and check, this holiday season U.S. retail sales are anticipated to grow 7.4% excluding automotive and gas.
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