Emerging Trends

  • The Impact of Financial Decision Making in Retirement
    The Impact of Financial Decision Making in Retirement

    The first few years of retirement tend to be the most expensive

    In a new Issue Brief, Retirement Security and Financial Decision-Making, the Consumer Financial Protection Bureau (CFPB) indicates that the first few years of retirement tend to be the most expensive, and many retirees are not spending less over time, which is what is typically expected.
    read more
  • Today’s Advisors: Confident in Job Security But Not the Market
    Today’s Advisors: Confident in Job Security But Not the Market

    New views on the global labor market

    Financial services professionals are confident in their job security despite being negative about the economic outlook, according to a new survey by Selby Jennings. Over half (57%) of global respondents feel confident in keeping their jobs over the next six months, despite the majority (62%) foreseeing a worsening economy over the next year.
    read more
  • CFP Board Implements Reforms to Strengthen Enforcement of Its Code of Ethics and Standards
    CFP Board Implements Reforms to Strengthen Enforcement of Its Code of Ethics and Standards

    Expanding consumer access to advisor information, advisor disclosures

    Certified Financial Planner Board of Standards, Inc. (CFP Board) today announced additional efforts to strengthen the enforcement of its Code of Ethics and Standards of Conduct (Code and Standards) for CFP® professionals, which will begin on June 30, 2020.
    read more
  • FSI Applauds Development and Rollout of SEC’s Regulation Best Interest
    FSI Applauds Development and Rollout of SEC’s Regulation Best Interest

    Standard of care expected to protect investors while preserving access to advice

    With the arrival of the June 30 implementation date for the Securities and Exchange Commission’s (SEC) new Regulation Best Interest (Reg BI), the Financial Services Institute (FSI) applauds the Commission for establishing a workable, universal standard of care that applies to all financial advisors, regardless of their business model.
    read more
  • Homes Are Selling At The Fastest Pace in More Than Two Years
    Homes Are Selling At The Fastest Pace in More Than Two Years

    The hottest U.S. markets are in the Midwest

    Homes are selling faster now than any time since spring 2018, a new Zillow® analysis shows1, meaning potential buyers should be prepared to strike quickly, and sellers who have been on the fence through the onset of the coronavirus pandemic might now want to list.
    read more
  • Rise in Cases Inspires Turbulence
    Rise in Cases Inspires Turbulence

    Worries that rising infections could derail economic recovery sends stock prices down and dampens investor enthusiasm

    The Dow Jones Industrial Average slumped 3.31%, while the Standard & Poor's 500 retreated 2.86%. The Nasdaq Composite Index lost 1.90% for the week. The MSCI EAFE Index, which tracks developed stock markets overseas, declined 1.28%
    read more
  • Americans Reevaluate Their Retirement Strategies
    Americans Reevaluate Their Retirement Strategies

    Among so many other things, COVID-19 has many investors spooked about longevity, taxes

    Given this year's tax deadline is extended to July 15, now is an ideal time for consumers to reevaluate their retirement plans, assess how COVID-19 has impacted their financial goals and develop a strategy to optimize taxes in retirement.
    read more
  • What Are Advisor Attitudes Toward Cryptoassets?
    What Are Advisor Attitudes Toward Cryptoassets?

    The percentage looking to allocate to crypto is set to more than double in 2020, from 6% to 13%

    Bitwise Asset Management, the leading provider of cryptoasset index and beta funds, today released the findings of the 2nd annual Bitwise / ETF Trends 2020 Benchmark Survey Of Financial Advisor Attitudes Toward Cryptoassets.
    read more
  • Can Americans’ Increasing Interest in Wellness Help Life Insurers Engage More People?
    Can Americans’ Increasing Interest in Wellness Help Life Insurers Engage More People?

    How the industry might ‘pivot’ its value proposition to tap into changing consumer preferences

    A new study, conducted by LIMRA and Boston Consulting Group (BCG), finds 97% of Americans say they want to improve one aspect of their overall wellness. Three quarters of consumers claim they want to improve their exercise habits and 6 in 10 are interested in developing better sleep and eating habits.
    read more
  • Enter The ‘Resilient Generation’
    Enter The ‘Resilient Generation’

    How Millennials and Gen Z look at COVID-19 as an opportunity to reset, take action

    n the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, millennials and Gen Zs express resolve and a vision to build a better future, a new Deloitte survey finds. The 2020 Deloitte Global Millennial Survey, now in its ninth year, reveals that both generations remain resilient in the face of adversity…
    read more
  • Why Investment In Healthcare Is Vital For Post-COVID Economic Policy
    Why Investment In Healthcare Is Vital For Post-COVID Economic Policy

    Economic bounce could still give way to a “slow slog” until vaccine

    Economic bounce could still give way to a “slow slog” until vaccine Former US Treasury Secretary Lawrence H. Summers speaks with IHS Markit Senior Vice President Carlos Pascual for the latest CERAWeek Conversations – available at www.ceraweek.com/conversations June 23, 2020 — WASHINGTON–(BUSINESS WIRE)–Former U.S. Secretary of the Treasury and current Charles W. Eliot University Professor…
    read more
  • Measuring The COVID-Effect On 2021 Health Insurance Premium Changes
    Measuring The COVID-Effect On 2021 Health Insurance Premium Changes

    High rates of ‘deferred and cancelled care’, anticipated rebound heighten the unknowns of the pandemic’s impact

    The 2021 individual and small group health insurance premium rate filing process is underway. Actuaries develop proposed premiums based on their projections of medical claims and administrative costs for pools of individuals or groups with insurance. Projected medical claims reflect unit costs and utilization levels, as well as the mix and intensity of services, all…
    read more
  • Former White House Insiders to Speak at LIMRA’s 2020 Virtual Conference
    Former White House Insiders to Speak at LIMRA’s 2020 Virtual Conference

    To focus on strategic industry insights, networking

    Being held just a week before the U.S. presidential election, two former White House insiders—Andrew H. Card, Jr., chief of staff from 2001-2006, and Denis McDonough, chief of staff from 2013-2017—will host a general session on leadership and politics at the 2020 Annual Conference on Oct. 26-28. Due to restrictions brought on by the pandemic,…
    read more