Results for "variable annuities"

Displaying 434 results

Sort: Date | Relevance

Author:

DOL fiduciary rule driving fundamental shift in variable annuity market

August 24, 2017

The Department of Labor's fiduciary rule is shaking things up in the variable annuity market. While the regulation has accelerated the downward trend in overall variable annuity sales for the past several quarters, only recently has the rule's...

DOL fiduciary rule: Indexed, variable annuities big winners of a proposed delay

August 10, 2017

Indexed and variable annuities are the biggest winners of the Department of Labor's recently telegraphed fiduciary rule delay. Sales of the products, especially indexed annuities, would arguably have been the most adversely impacted under the...

Consumer and insurance groups disagree on advice standard for annuity sales ​

August 2, 2017

An effort by state insurance regulators to raise investment-advice standards for annuity sales appears to be driving a wedge between consumer organizations and a life insurance trade association. In light of the Labor Department's fiduciary...

SEC charges four former reps with fraud for VA sales targeting federal employees

July 31, 2017

An earlier version of this story incorrectly implied that the former brokers charged were registered with another securities firm when the allegations occured. The Securities and Exchange Commission has charged four former Atlanta-area brokers...

DOL fiduciary rule: When advisers actively seek to use BICE

June 14, 2017

To opponents of the Department of Labor's fiduciary rule, the best-interest contract exemption is something akin to the spawn of Satan. This provision of the rule, which raised investment advice standards in retirement accounts, allows broker-dealers...

Voya re-entering buffer annuity market as product popularity grows

May 26, 2017

Voya Financial is hoping to capitalize on the recent popularity of buffer annuities by launching a product around the end of this year or early next, after having exited the market less than two years ago, and joining a small group of insurers...

DOL fiduciary rule pushes indexed annuity carriers to develop new products

May 25, 2017

Insurance companies, especially those that are indexed-annuity-centric, have been launching annuity products within the past several months in anticipation of the Department of Labor's fiduciary rule, which is expected to cause a big disruption...

Indexed, variable annuity sales slump as DOL fiduciary rule looms

May 18, 2017

Annual sales of indexed and variable annuities took another nosedive in the first quarter with the Department of Labor's fiduciary rule set to come into force. Despite a stronger equities market and interest-rate environment, the fiduciary-rule...

Finra whacks mid-sized NJ broker-dealer with $325,000 fine over variable annuity sales

May 2, 2017

The Financial Industry Regulatory Authority Inc. on Monday said it had fined a New Jersey broker-dealer, Summit Equities Inc., $325,000 for failing to supervise brokers' sales of multi-share class variable annuities to clients. From October...

Finra issues complaint against broker for unsuitable variable annuity sales

April 26, 2017

The Financial Industry Regulatory Authority Inc. has issued a disciplinary complaint against former broker Walter Marino for recommending exchanges of non-qualified variable annuities to two customers without having a reasonable basis for recommending...

Finra arbitration panel awards Wilbanks Securities investor $1 million for misleading sales pitch on variable annuity

April 14, 2017

Finra arbitrators awarded an investor more than $1 million for what she alleges was a Wilbank Securities Inc. broker's misleading sales pitch about a variable annuity that over-promised and under-delivered. Grace S. Huitt won a total of $1,073,440...

Help clients boost returns without increasing risk

April 3, 2017

Private placement life insurance and private placement variable annuities have grown in popularity among financial professionals seeking tax-efficient investment vehicles for their affluent clients. These products enable investors to defer or...

Department of Labor's fiduciary rule blamed for insurers' massive hit on variable annuity sales

March 28, 2017

The variable annuity industry took a beating in 2016, with several of the top sellers inking losses upwards of 25% on the year and some exceeding 40%. The Department of Labor's fiduciary rule, issued in its final form last spring, played a big...

Dallas judge in DOL fiduciary rule suit deals yet another blow to indexed annuities

February 10, 2017

The federal judge who this week dealt plaintiffs fighting the Department of Labor's fiduciary rule a stinging defeat also dealt a blow to indexed annuities, a product that has taken quite a beating since the DOL issued its final rule last spring....

Conditions fertile for annuities if industry can connect with investors

February 1, 2017

Most investors want guaranteed, pension-like income yet are reluctant to buy an investment that can provide it: an annuity. That reluctance, the so-called annuity puzzle, may be closer to being resolved as a combination of factors — fewer...

Buffer annuities, an index-variable hybrid, garner mixed reactions

February 1, 2017

While brokerage regulators and some attorneys have seen an uptick in complaints lodged against a type of annuity known as a “buffer annuity,” there's mixed reaction as to the validity of criticism lodged against the products. Buffer annuities,...

Complaints surface at Finra over buffer annuities

January 25, 2017

A new type of variable annuity called a buffer annuity is beginning to gain attention from regulators. It is highly complex and uses structured products — not mutual funds — in the sub account as the underlying investment. The Financial...

DOL fiduciary rule hastening death of L-share variable annuities

January 11, 2017

The specter of the Department of Labor's fiduciary rule is accelerating the demise of L-share variable annuities. Variable annuities sold in an L-share class had already been reeling prior to the DOL issuing the final version of its conflict-of-interest...

Finra hits Valic Financial Advisors with $1.75M fine for creating compensation conflicts

November 28, 2016

Citing a number of conflicts of interest having to do with the way it compensated brokers selling annuities, the Financial Industry Regulatory Authority Inc. on Monday said it had fined Valic Financial Advisors Inc. $1.75 million. “Finra found...

Indexed annuity sales on pace for record year, as variable annuities take another big hit

November 22, 2016

Fixed indexed annuity sales are on pace for a record year in 2016 as low interest rates and product features drive their popularity among broker-dealers, and despite headwinds from a new Labor Department investment-advice regulation that will...

« Previous PageNext Page »

1 | 2 | 3 | 4 | 5 | 6 | 7 ... 22

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.