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.)

Who Rules the Top 1%?

Private businesses and partnerships lead most often to the top wealth brackets in the U.S., new research shows. In this edition of Research Roundup, we bring you summaries of research on variable annuity sales, the Fed's response to the March 2020 crash, and more.

The Sacrificial Payroll Tax

Idle talk about suspending the payroll tax is making 'blue' Senators blue. We get answers from Social Security expert Eugene Steuerle of the Urban Institute.

An Income-Generating ‘Collar’

Using a 'protective net-credit collar,' the Nationwide Risk-Managed Income ETF has distributed monthly income at an annual rate of 7.88% in 2020, while appreciating 10%. Is there a catch?
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.