
Fee-Based Variable Annuities Are the Wave of the Future
In a new article for Think Advisor, William H. Byrnes and Robert Bloink discussed the expected 180 in the variable annuity industry. "After the DOL Fiduciary Rule, Enter the Fee-Based Variable Annuity," says that many insurance companies are already working on fee-based VAs and scrapping the commission-based variety. The DOL rule says that variable annuity products can only be sold when they are in the best interest of the client purchasing them. It also says that any commissions earned on... Read More
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