The majority of fixed indexed annuity products are sold through independent insurance agents. But after the final DOL fiduciary rule was announce on April 6, it’s much less desirable for insurance companies to sell these annuities through independent agents. The insurance companies will be held …
All of the recent fixed indexed annuity news has been in regards to the product’s inclusion in the DOL fiduciary rule. Now that we’ve all adjusted to the surprise of indexed annuities being lumped with variable annuities under the BICE requirements, it’s time to determine …
There are certainly winners and losers when it comes to the DOL Fiduciary Rule. Although it won’t take effect until the beginning of 2018, companies and advisors are working hard so that they comply with the BICE guidelines before the legalities take place. In an …
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 …
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