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 …
Two organizations are working together to increase the knowledge out there regarding fixed annuities. Insurance News Net’s article “NAFA and Insurance Insight Group Announce Collaboration to Further Annuity Education” discusses the partnership. The National Association for Fixed Annuities will be working with the Insurance Insight …
Fee-based annuities are the newest in demand product, according to “Big insurers launching fee-based annuities” by Investment News’ Darla Mercado. These simpler and lower-cost annuities are geared towards dually registered advisers. One of the first products is Allianz Life Insurance Company of North America’s fee-based …
S.1389 is a bill that Senator Bill Nelson (D-NE) and his cosponsors Senators Saxby Chambliss (R-GA), Tom Harkin (D-IA), and Sam Brownback (R-KS) have introduced as a companion to the Meeks-Price Bill previously mentioned on this blog. This bill is backed by the Coalition for …
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