Annuities Industry News


Keeping You Up To Date With The Annuity Industry News.


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Insurance News Net

  • IMOs Have Tricky Path To Sales Under DOL Rules June 21, 2017
    IMOs and FMOs should be fine to sell variable and fixed indexed annuities under the transition Best Interest Contract for the rest of the year, a pair of experts say. But a definitive word is unknown.The post IMOs Have Tricky Path To Sales Under DOL Rules appeared first on InsuranceNewsNet.
    John Hilton
  • Rise in Shorter-Term Surrender FIAs Means Commission Declines June 20, 2017
    New fixed-indexed annuity products with shorter seven-year surrender periods are driving down commissions, new data shows. First-quarter indexed annuity commissions dropped to 4.96 percent from 5.37 percent a year ago.The post Rise in Shorter-Term Surrender FIAs Means Commission Declines appeared first on InsuranceNewsNet.
    Cyril Tuohy
  • Survey: A Tough Year for Insurance and Annuities June 19, 2017
    Financial planners say pressure from taxes and regulation are making them less likely to recommend life and annuity products. Can these products adapt and thrive beyond 2017?The post Survey: A Tough Year for Insurance and Annuities appeared first on InsuranceNewsNet.
    Cyril Tuohy
  • Surrender Charges’ Great Disappearing Act June 12, 2017
    The shorter surrender periods and no surrender charges are the result of annuity companies offering fee-based financial advisors new options that coincide with the dawn of the Department of Labor’s fiduciary rule.The post Surrender Charges’ Great Disappearing Act appeared first on InsuranceNewsNet.
    Cyril Tuohy
  • Defining ‘Reasonable Comp’ Under the DOL Rule June 9, 2017
    The Department of Labor fiduciary rule begins taking effect at 11:59 tonight. That means acting as a fiduciary, making no misleading statements and accepting only "reasonable compensation."The post Defining ‘Reasonable Comp’ Under the DOL Rule appeared first on InsuranceNewsNet.
    Cyril Tuohy
  • Tennessee Agents Face $17K In Fines June 8, 2017
    The Tennessee Department of Commerce and Insurance issued the following news:. The Tennessee Department of Commerce& Insurance announces disciplinary actions against Tennessee licensees in Memphis and Covington for several violations including acts of fraud, forgery and misrepresentation of material facts and using incorrect, misleading, incomplete...The […]
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