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Industry Regulators Convene to Discuss Current Regulatory Environment

WINDSOR, Conn., Feb. 1, 2018—Former Insurance Commissioner Nick Gerhart and a panel of regulators will hold a Q&A session at LIMRA LOMA’s Regulatory Compliance Exchange to discuss regulatory updates and other important regulatory issues that could impact firms in the year to

Managing Professional Development

Manage your accounts, enroll for and access courses, and work with learners in your organization.

LIMRA: How COVID-19 Brought an Increase in Fraud in Financial Services

As the unprecedented situation surrounding the pandemic continues to unfold, it is clear that professional criminals have recognized an opportunity. They are exploiting the chaos, anxiety, and uncertainty inherent in today’s reality—and they have recently intensified their attempts.

How COVID-19 Is Influencing Employers’ Retirement Plan Decisions

The COVID-19 crisis has had a substantial impact across all social and economic sectors, including defined contribution (DC) plans. The environment in which many plan sponsors operate today — running their businesses, their benefits and their retirement plans — is volatile, and will continue to be so for the near future.

COVID-19 Drives Shift in Priorities: Technology Cited as Top Challenge Facing the Global Life Insurance Industry

As COVID-19 prompted life insurance companies to accelerate their digital adoption to ensure continuity of business and serve their customers, it exposed the challenges of life insurers’ legacy systems, siloed operations and the continued need to modernize. As a result, life insurance executives cited technology as both the top challenge facing their companies and the external force driving change in the industry, according to the latest C-suite life insurance executive survey by LIMRA and Boston Consulting Group (BCG)

Recruitment and Testing Trends in the COVID-19 Downturn

What LIMRA and LOMA test data reveals about the financial services industry The pandemic has brought uncertainty and economic fragility to just about every industry. LIMRA and LOMA together help the industry to assess both advisor and home office employee candidates. During the first six months of 2020, field assessments are up over 18% from 2019, while home office testing is down 40%. These trends are consistent with prior economic downturns.

COVID-19 Expected to Have a Short-Term Impact on Defined Contribution Plan Sales

The coronavirus pandemic and the resulting social distancing measures have disrupted many aspects of the economy. Employers — many who are dealing with the potential of lower revenue and managing remote work arrangements and the uncertainty of when things will return to normal — may choose to delay or cancel plans to put their defined contribution (DC) plans out to bid. This would significantly impact DC plan sales in 2020.

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