IUL as a Roth Alternative
IUL as a Roth Alternative–Webinar Feb. 25th Join us Thursday, February 25 at 1 p.m. Est. for a WEBINAR where we will break down the math of using IUL vs. Roth 401(k) plans and help attendees learn how to properly illustrate the comparison between the two. https://attendee.gotowebinar.com/register/79940365079113218?source=email2 We are sure many of you have been watching the markets absolutely tank thus far in 2016. We know many Americans have watched with horror how the values in their 401ks/IRAs have...
read morePac Life Suspends Sales of 79 Plans
Did you read last week’s newsletter titled: DOL Regs. Make Insurance Agents and Series 7 Licensed Advisors Fiduciaries? If not, click on the following link: http://www.pomplanning.net/dol-regs. Pac Life Suspends Sales of Section 79 Plans I just confirmed that Pacific Life Insurance suspended all sales of their “Section 79 Plan.” Why are sales being suspended? I don’t have a definitive or “on the record” reason, but I’ve been told that the reason is IRS related. Section 79 Plans are not worth...
read moreDOL Regs. Make Advisors Fiduciaries
Did you read last week’s article titled: NY Times Hammer Athene but A.M. Best Gives Upgrade? If not, click on the following link: http://eiultraining.com/ny-times-hammers-athene. DOL Regs. Make Insurance Agents and Series 7 Licensed Advisors Fiduciaries Recently the DOL (Department of Labor) put out a set of new proposed regulations that cover advice given to clients who have money in qualified plans and IRAs. To read a summary of the new regs. (which include some stunning fee/commission disclosure language), click on...
read moreNY Times Hammers Athene
Did you read last week’s newsletter titled: Alert: Minnesota Life Suspends EIUL Sales? If not, click on the following link to read: http://eiultraining.com/alert-mn-life-suspends-eiul-sales. Recently an advisor forwarded me an article in the NY Times that really blew me away. To read the entire article (which I highly recommend), click on the following link: http://eiultraining.com/ny-times-article. The article outlined how Athene (formerly Aviva which was formerly Amerus Life) ended up investing in Caesar’s casino at a time when...
read moreAlert: MN Life Suspends EIUL Sales
Before I get started, if you didn’t get a chance to attend last week’s webinar on why every advisor should obtain a Series 65 license, you can now watch it on recording by clicking on the following link: www.pomplanning.net/why-get-a-65-license. I also wanted to remind everyone of this week’s webinar on Thursday the 23rd at 1:00 pm Eastern. The webinar is a VERY IMPORTANT one where we will be explaining in plain English the new/restrictive EIUL illustration regulations that are set to take effect in September. If you sell or are...
read moreNY Times Article
This is a long but well worth reading newsletter. Much of the detail on the problems with Athene is towards the bottom of the article. Risky Moves in the Game of Life Insurance Copyright: NY Time By: Mary Williams Walsh, April 11, 2015 In July 2013, the smart money was saying the company that runs the Caesars and Harrah’s casinos would go bankrupt, when a big investor, Apollo Global Management, offered a lifeline: It was willing to pump millions of dollars into the parent of the struggling casino company. And where would Apollo get the...
read moreNew EIUL Regulations Download
Thank you for your interest in downloading the 3-page proposed EIUL illustration regulations. They will blow your mind. They are also not in understandable English and we’ll be doing a webinar explaining them in a few weeks. Click here to download the proposed regulations in a PDF format. To learn about the upcoming in person 2-day EIUL educational seminars, click here. If you are worried about how these new restrictive EIUL illustration regs. will affect your ability to earn a living, I recommend you take action to protect yourself....
read moreEIUL Design and Marketing Webinar
Thank you for your interest in watching the webinar Roccy DeFrancesco, JD and Jon Salomon did titled: How to Properly Illustration and Sell EIUL (Equity Indexed Universal Life) Policies If you are selling or are thinking of selling EIUL, you need to watch this webinar. To watch the webinar on recording, click on the following link: https://attendee.gotowebinar.com/recording/8142703103793584386. Also, while the one hour webinar is definitely worth watching, if you want to learn EIUL inside and out, you should attend our two-day in person...
read moreWebinar Schedule
Thank you for your interest in our webinar schedule. Below you will see a list of our upcoming seminars. Click on the title of each of them to sign up. At the top of the list are our past webinars that were recorded. Click on the appropriate link(s) to sign up to view/listen to them on recording. On Recording–How to Properly Illustrate and Sell EIUL (Equity Indexed Universal Life) Policies. Click here to view it on recording. On Recording: History of UL, VUL, GUL, IUL. Rise and downfall of UL what went wrong, can it happen again?...
read moreNew Lawsuit Against Selling a VUL
New Lawsuit Against Agent for Selling a VUL Before getting started, I wanted to let everyone know about a WEBINAR we’ll be doing on January 15, 2015 at 1:00 pm EDT. The webinar will be on How to Properly Illustration and Sell EIUL (Equity Indexed Universal Life) Policies. In 2014 I saw more abusive illustrations and unsuitable EIUL sales than any year prior and I know many advisors can benefit from attending this webinar. To sign up for the webinar (if you can’t make it live, sign up anyway and view it on recording), click on...
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