Despite the fact that the majority of 401k plan participants are interested in guaranteeing a portion of their retirement plan income, the advisors to the plan sponsors are not bringing up the topic of annuities. Nick Thornton of Benefits Pro recently wrote the article, “Advisors …
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, …
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 …
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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