It was no surprise that the Department of Labor enacted stringent rules on sellers of variable annuities within qualified plans in their new fiduciary rule. The new BICE guidelines require advisors and annuity distributors to ensure that any variable annuity sold is in the best …
There are many reasons why you might consider exchanging your variable annuity product. You might be looking for a better deal, your needs might have changed, or perhaps your insurance company is initiating a variable annuity exchange. Whatever the reason, there are a lot of …
The fact that the Department of Labor’s fiduciary rule has gone through the budget process means that it will likely be finalized this year. A lot will change for advisors selling annuities as well as for those designing new products. In the Think Advisor article …
Annuities can have a lot to offer in retirement, but they are quite often misunderstood. Nathan Bachrach and Ed Finke said that “Annuities are (a) misunderstood retirement ‘security blanket’ in their Cincinnati.com article. The biggest problem facing the current generations is that they no longer …
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