New Fiduciary Rules Force Annuity Sales Plunge
It turns out, when brokers are forced to look out for your interests instead of their own, they end up selling you fewer annuities.
I've...
What Happens When Wall St. Wolves Feast on Unsuspecting People?
The Department of Labor's fiduciary rule has many flaws, but one part of the rule that was to be commended (as I did here)...
Annuities Hammered by Conflict of Interest Rules (Finally)
Variable annuity sales have been hammered this year. A new report from Cerulli Associates projects that sales will continue to fall at an annualized...
New Wave of Annuities Likely to Fall Short of Investor Expectations
I've been warning investors about the perils of buying variable annuities for a long time (read: here, here, here and here). Now Investment News has...