According to Donna Mitchell’s “Annuities Could Get Boost From Small Business Legislation” in Financial Planning, the annuity industry’s recovery is being helped by President Obama’s administration. After his Middle Class Task Force started promoting the use of annuities for the guaranteed lifetime income in January, …
More choices, including 401k annuity products, could be a positive thing for retirement plans. According to Bank Investment Consultant’s “Do Annuities Belong in 401(k) Plans?,” Pamela J. Black ponders how 401k annuities fit into retirement plans. The Department of Labor has shown interest in changing …
It looks like the battle is over for fixed indexed annuities and other indexed annuity products. The U.S. Securities and Exchange Commission said they would have to reevaluate their information after the U.S. Court of Appeals vacated the SEC’s Rule 151A. The SEC had hoped …
A strong debate over who should oversee equity indexed annuity products has been going on since the SEC introduced Rule 151A in 2008. According to Investment News’ “Indexed-annuities amendment: Insurers yea, advisers nay” by Mark Schoeff Jr. and Darla Mercado, the debate between sides will …
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