***UPDATED: November 6, 2015*** On Friday, a judge denied a motion for preliminary injunction by the National Association for Fixed Annuities in its lawsuit against the DOL’s fiduciary rule, according to a recent InsuranceNewsNet article. Judge Randolph D. Moss presented a 92-page ruling that addressed …
Nationwide Financial is planning to greatly expand their variable annuity business through the purchase of Jefferson National, a strong player in the variable annuity game. Investment News’ Christine Idzelis wrote about the acquisition in the article “Nationwide to buy Jefferson National.” This deal gives Nationwide …
Insurance companies are looking for more clarification from the Department of Labor in regards to how they will comply with the new fiduciary rule. They are also trying to figure out how they will continue to meet the needs of broker-dealers and advisors. Investment News’ …
The Department of Labor’s fiduciary rule has been the talk of the annuity and financial industries for months now. With the requirement timeline approaching, the talk will likely be heating up even more through the rest of the year. LifeHealthPro’s Jane Wollman Rusoff wrote about …
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