Surprise: DOL Rule Targets Indexed Annuities

The DOL may have put a crimp in the sales of the hot-selling but controversial annuity product when, without specific warning, it raised the regulatory bar for the sale of fixed indexed annuities. (This article is free today.)

The Reverse Mortgage Puzzle

With so many Boomers retiring with low average savings but high average home equity, demand for government-insured reverse mortgages, or HECMs, should be growing. Instead, it's shrinking. Here's why.

Bright Ideas from the SOA Investment Meeting

Last week, the Society of Actuaries held its investment conference in New York. We weren't far from the brass statue of the Wall Street bull, but the sell-side's unquenchable optimism about the future was missing. Practical new ideas flourished nonetheless.
Featured

A Conversation with Jackson National’s CEO

'If a guy is getting ready to lose his house, and the VA account is the only liquidity he’s got, he’s not going say, ‘But our guarantee is in the money so we won’t touch it,’ said Jackson National chief Barry Stowe about his firm's record 2015 VA sales--and the risks that success could bring.
News

Surprise: DOL Rule Targets Indexed Annuities

The DOL may have put a crimp in the sales of the hot-selling but controversial annuity product when, without specific warning, it raised the regulatory bar for the sale of fixed indexed annuities. (This article is free today.)

LIMRA LOMA launches fiduciary rule help center

'We will host several events, where industry leaders tasked with implementation can share their ideas and perspectives on the challenges created by the DOL fiduciary rule," said a release from the LIMRA LOMA Secure Retirement Institute.

With DOL in mind, Insurance wholesaler starts an RIA

'With the pending DOL rule, we feel that Sawtooth is helping us to be uniquely positioned to help our advisors satisfy the requirements of the new rule,” said a release from Advisors Excel in Topeka, KS.