A new report from industry consultants, Kehrer Bielan Research & Consulting, predicts that banks and credit unions will likely establish commission rates on fixed-rate annuity sales around 3% once the DOL’s fiduciary rule is fully implemented. According to a recent article from Bank Investment Consultant, …
The majority of fixed indexed annuity products are sold through independent insurance agents. But after the final DOL fiduciary rule was announce on April 6, it’s much less desirable for insurance companies to sell these annuities through independent agents. The insurance companies will be held …
After reviewing the final 2015 sales results, fixed indexed annuities had a record year and seem to be continuing their path to eventually overtake variable annuity products as the top selling annuities. Investment News’ Greg Iacurci discussed the importance of last year in “Fixed Index …
Investment News’ Darla Mercado predicts that the “New year could bring a boon for annuities.” She mentions variable and indexed annuities in particular. Increasing taxes and interest rates are likely to spark not only sales of variable and indexed annuities, but also development of new …
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