Experts in the annuity industry have been pushing the government to make changes to regulations that would allow for more use of annuities in 401k plans. The Retirement Enhancement and Savings Act of 2016 does just that. It was recently passed by the Senate Finance …
Over the past few years, the government has been pushing consumers to use annuity products in their retirement planning. The Treasury Department promoted the use of longevity annuities in 401k plans through new rules back in 2014. Then they made it alright to use target …
Indexed annuity sales have been growing steadily for almost a decade, but according to many experts the growth is likely to end this year. Investment News’ Greg Iacurci wrote that “Indexed annuity sales (are) projected to plummet 30% because of (the) DOL fiduciary rule.” Some …
In this post-DOL fiduciary rule time, the annuity industry will certainly change, but in some ways will still remain the same. In the Financial Planning article “How will annuities fit in portfolios in a fiduciary world?,” Chris Orlando says that there is still an important …
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