- Disability Insurance And A Secure Retirement Go Hand-in-Hand
The global pandemic brought to light the importance of protecting your income from sudden illness or injury
Most people are familiar with the benefits of disability insurance to protect one’s income in the event they get sick or injured and unable to work. But beyond income protection, disability insurance can help safeguard retirement goals by preventing early withdrawals.
read more - Limited COVID-19 Impact On US Life & Annuity Operating Performance Metrics
While there has been some increased volatility from quarter to quarter, there has not been a steady upward trend
Benchmarking is essential to AM Best’s rating process, allowing us to compare the performance of a rating unit to its peers, composites, and the industry as a whole. AM Best examines absolute results and volatility levels across the industry.
read more - Interest In PEPs On The Rise
Small employers interested in learning more about pooled employer plans, not yet ready to implement
More than half of smaller employers surveyed by the Secure Retirement Institute (SRI)—regardless of whether there is a retirement plan currently in place—are interested in learning more about pooled employer plans, or PEPs.
read more - Five Ways To Keep Financial Professionals Engaged
Combating high turnover rates among financial sales professionals
High turnover rates among those new to sales positions in the financial services industry are an ongoing challenge. Separate LIMRA research shows that, in 2020, only 15% of financial professionals in agency systems that recruit mainly inexperienced individuals remained with their hiring companies after four years, and the majority of those left within their first…
read more - Millennials Want Financial Advice, Not Trophies
Five common financial misconceptions
Millennials have grown up, and it turns out they are the financially disciplined, focused and responsible adults in the room, according to new survey findings published today by Natixis Investment Managers (Natixis IM).
read more - 88% of Small Business Owners Say Inflation Is Impacting Their Business
Despite concerns, anticipate growth and expansion
A majority of small business owners report that inflation and supply chain disruptions are impacting their businesses, according to the Bank of America 2022 Small Business Owner Report.
read more - Parents Have a Long Way to Go to Prepare Financially Self-Sufficient Kids
And they need to understand that financial literacy is not taught in schools
According to the National Financial Educators Council, parents have a powerful influence on the adults their children become – including how they handle their personal finances.
read more - NY Paid Family Leave: Recent Trends in Leave For Bonding
Just in time for Mother's Day, insights from recent claim data reflects the importance of 'bonding leave'
We’re taking an exclusive look at our NY Paid Family Leave claims data to see how PFL’s most utilized benefit -- bonding leave -- has evolved over the past two years, just in time for Mother’s Day! We found some interesting trends – and some stats that may surprise you.
read more - Small And Midsized Businesses Concerned About Inflation, Pressure to Increase Wages And Benefits
More U.S. businesses are increasing hiring compared to last year, retirement contributing to staffing impacts
Principal Financial Group® reports that while many small and midsized businesses show financial improvement from this time in 2021, shifting
read more - Secure Retirement Institute: Record Sales in March Propel First Quarter 2022 Annuity Sales
While sales in the first two months of 2022 were a bit sluggish, annuity sales in March were at record-high levels
Total U.S. annuity sales increased 4% to $63.6 billion, according to preliminary results from the Secure Retirement Institute (SRI) U.S. Individual Annuity Sales Survey.
read more - Catch 2022: College Seniors Ready to Work but Feeling Stressed
Buoyed by a strong job market, soon-to-be college graduates want flexible work options and mental health benefits
Nine out of 10 soon-to-be college graduates feel prepared to enter the workforce and hopeful about their futures, according to a new survey by TimelyMD, the leading virtual health and well-being solution in higher education.
read more - Four Out Of Five Small Business View The Benefits Portfolio A Top Priority
On the heels of the pandemic, a renewed focus on culture & morale, attract & retain strategy and employee well-being
The last two years have had an impact on businesses of all sizes, and small businesses are no exception — in fact, nearly all small business owners surveyed (93%) have re-evaluated their strategy and plan to make changes to their business due to COVID-19, according to a new Small Business Owner Survey from Lincoln Financial…
read more - Mental Health Concerns Increase Substantially Among Americans Of All Backgrounds
Tracking the impact of pandemic on ages 18+; New technology and tools to meet demand for support
A recent CVS Health® (NYSE: CVS)/Morning Consult survey of Americans age 18+ found that mental health concerns are continuing to rise among individuals of all backgrounds, especially Black, age 65+, young adult, and LGBTQIA+ respondents.
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