Now is not a great time to invest in bonds for long term retirement planning. The market conditions are not favorable because bond prices have been dropping as bond interest rates have been increasing. Many people turn to stocks when bond pricing is not favorable. …
2015 was a record breaking sales year for fixed indexed annuity products, especially in the fourth quarter. Nationwide Financial and AIG had the largest gains last year in indexed annuity sales. Investment News’ Greg Iacurci summarized last years winners and losers in the article “Nationwide, …
We’ve been anticipating the finalized DOL fiduciary rule for months now and it has finally been revealed. The Department of Labor’s final ruling was released yesterday and it contained some surprises for the fixed indexed annuity industry in particular. This information comes from the Investment …
Our own Andrew Murdoch, also President of Somerset Wealth Strategies, wrote an article for Marketwatch to explain “Why fixed indexed annuities are strong sellers.” Sometimes fixed indexed annuities are described in a too good to be true way. Yes, they offer principal protection while still …
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