In “The right fit: Choosing the appropriate annuity,” Paul Hechinger of On Wall Street discusses the need for complete clarity in the annuity industry. He says that it’s important for advisors to fully understand their clients’ needs, how annuities work and each annuity products’ terms …
After the DOL fiduciary guidelines, some people are under the false impression that all commission-based products are bad for consumers. This simply isn’t the case. You have to take into account both the individual product details as well as the length of time that the …
People are turning to annuities in droves to help strengthen their financial plan for retirement. Barbara Freidberg wrote about the “5 Best Annuities for Your Financial Plan” in a recent article for Go Banking Rates. Annuities are a strong retirement income option because state insurance …
Variable annuities aren’t the only annuity variety undergoing major changes after the DOL fiduciary rule was finalized. Fixed Index annuity insurers are also developing fee-based products, just like their variable annuity counterparts. Investment News’ Greg Iacurci talks about the new products in “Insurers developing fee-based …
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