The new Department of Labor’s fiduciary rule was designed to steer distributors away from commission-based sales, which has many insurers making changes to their line-ups. Included in these changes are new fee-based fixed indexed annuities for independent marketing organizations. But this sector, which has sold …
Indexed annuity buyers now have more options with two new strategies from Great American Life. According to a recent Yahoo! Finance article, one will be based on the performance of the iShares U.S. Real Estate ETF and the other on the S&P U.S. Retire Spending …
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 …
In light of the impending DOL fiduciary rule requiring more accountability from advisors selling annuity products, a new tool from RetireUp could be very helpful to advisors. Investment News’ Alessandra Malito talked about this retirement planning tool in the article “RetireUp drags and drops annuities …
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