Life insurance provides many American families with an important financial safety net. The life insurance industry is large, and while it may seem stodgy, it is ever-evolving. We looked at statistics ...
The Financial Planning Association (FPA) has released a consultation paper around life insurance calling for upfront commissions to be capped at four times the level of ongoing payments with insurers ...
MIAMI – A pair of insurance agents based out of Miami are facing felony charges after state investigators said they stole clients’ identities, took out fraudulent life insurance policies without their ...
The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease ...
As reported by Money Management some weeks ago, the Association of Financial Advisers (AFA) and the Financial Planning Association (FPA) have teamed up to form a life insurance taskforce, in ...
If advisors receive $2,500 or less in commissions and donate the proceeds to charity, they can join the fee-only organization. By Mark Schoeff Jr. An organization that promotes fee-only financial ...
Most consumers don’t realise how insurance agents are compensated, which can help explain why certain products are often ...
High commissions in the insurance sector have recently drawn the attention of the government and regulators, Emkay Global said citing growing concern that distribution and operational costs are ...
Life insurance companies paid ₹60,800 crore as commission in 2024–25, an 18% rise year-on-year. This growth far outpaced premium collections, which increased by 6.73% to ₹8.86 lakh crore. The ...