We’ve been anticipating the finalized DOL fiduciary rule for months now and it has finally been revealed. The Department of Labor’s final ruling was released yesterday and it contained some surprises for the fixed indexed annuity industry in particular. This information comes from the Investment …
The upcoming Presidential election has the country divided politically, both in party and between Republicans and Democrats. There is a similar division in the financial industry over the Department of Labor’s impending fiduciary rule. In the Insurance News Net article “The Commission Conundrum: How Are …
The other day I wrote about how the impending DOL fiduciary rule would likely change the face of the variable annuity industry. According to Investment News, independent broker-dealer LPL Financial expects to grow their fee-based variable annuity platform if the rule goes through. In Greg …
In The Garden City News section “The View From Here,” Bob Morgan, Jr. wrote an informative article about “Longevity annuities and retirement security.” He said that while longevity annuities are not the perfect solution to the American pension crisis, they solve many of the dilemmas …
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