Breaking News Archives - Creative Edge

IRS changing tax treatment of advisory fees

The IRS has changed the rules—and it might benefit you and your clients. Previously, registered investment advisers (RIAs) could not pull an advisory fee from an annuity in their client’s account without creating a “taxable event.” Now, the IRS has reversed that rule, allowing RIAs to pull advisory fees from the cash value of a… Read More


NEW Suitability & Best Interest Requirements in New York

The New York State Department of Financial Services (NY DFS) has released the final version of best-interest Regulation 187 (NY 187) Suitability and Best Interests in Life Insurance and Annuity Transactions. This regulation requires producers and insurers to implement a process that ensures they’re acting in the consumer’s best interest when recommending an annuity or… Read More


Colorado Bankers Life terminates all agents

As you know, Colorado Bankers Life Insurance Company (CBLife) was placed into rehabilitation by the North Carolina Department of Insurance on June 27, 2019. As a result, CBLife is in the process of terminating all agents’ appointments and notifications will follow shortly. Please note all agents will still have admin access to their client’s contact… Read More


Fitch Ratings Upgrades Pacific Life to AA-

Fitch Ratings Upgrades Pacific Life from A+ to AA- As of June 26, 2019, Fitch Ratings announced it has upgraded the financial strength ratings for Pacific Life Insurance Company, Pacific Life & Annuity Company, and Pacific Life Re Ltd. to AA- from A+. The AA- rating is the fourth highest rating out of 21 rating… Read More


DOL sets date to propose new fiduciary rule

In December, the Department of Labor plans to propose a new fiduciary rule as a continuum of the battle to overhaul investment advice for retirement accounts. The rule will likely be contoured to the SEC’s new advise standards. Read more about the proposed rule here.   CreativeOne will continue to monitor the situation. For more information,… Read More


Reach more people with Facebook groups

Facebook now lets you join groups using your business’s page. It seems like a small change, but the implications are huge — you can now join a local group using your business’s page. Here is Facebook’s statement on the change: We’ve heard from people that engaging with public figures, non-profits, publishers, and businesses in a… Read More


CreativeOne teams up with the Veterans Community Project.

February 19 2019

by Kati Hess

They’re the heroes working to end homelessness among veterans. We’re just helping. For many veterans, the reality of becoming homeless is all too real. With the help of Veterans Community Project, that reality is changing, and CreativeOne is proud to partner VCP as part of our Creative Cares initiative. For starters, we sponsored a two-by-four… Read More

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Don’t let thieves steal your clients’ identities

Insure your clients’ assets up to $1 million Instances of identity theft are increasing every year.¹ More than 41 million Americans have had their identities stolen at least once, and older adults are victims of identity theft every four minutes.²⁻³ Offer Identity Theft Protection through CreativeOne CreativeOne recently partnered with IdentityForce, the industry leader with more… Read More


Nationwide’s New IUL Products are Now Available … Take a Look on Your Next Case!

December 19 2018

by CreativeOne - www.creativeone.com

I’ve been selling Nationwide’s IUL since it came out. There are two new IUL’s from that hit the streets this month, along with a suite of enhancements that combine to make them an interesting choice for advisors looking for a carrier they can trust in the IUL market. Read on for the details! Here’s a… Read More

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A.M. Best Upgrades F&G to A-

November 20 2018

by Connor Wilson - Sales Specialist

Today A.M. Best announced that they have upgraded F&G’s main operating companies’ financial strength ratings to A- or “Excellent” (FGLIC/FGLICNY).1 This news signifies the great progress F&G has made over the past year and reflects the strength of their distribution. We are excited about the opportunities F&G’s enhanced ratings profile offers and remain committed to… Read More