Rising interest rates and slowing stock market drive assets to insurance products, Limra report says.
Interest group chapter argues the state's Department of Financial Services exceeded its authority with the rule.
Flows into both sectors reflects division over the outlook for the economy
Jackson National and Lincoln Financial, among the largest VA providers, recently announced distribution partnerships set to kick in next year.
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Some clients may not even realize they're supposed to enroll.
Inability to deduct management fees will make the funds, which are struggling this year, even less attractive to investors.
New top tier added for ultra-high-income retirees next year.
The active fund manager is one of several investment firms to settle self-dealing lawsuits in the last few years.
Stocks look cheap after their losses this fall, but if earnings deteriorate, they could fall more.
Six Cetera broker-dealers allege the insurer will be breaching its contractual obligations by withholding millions of dollars in trail commissions from their brokers.
Finra said the firm failed to mandate and enforce its own written supervisory procedures, resulting in the unsuitable sale of L-share variable annuities tied to long-term riders.
Growth at the biggest tech companies is slowing at the same time criticism of Silicon Valley's monopolistic tendencies is rising
At the same time, investors are pulling funds from high-yield bond funds.
The personnel changes come weeks after the insurer's controversial decision to stop paying trail commissions on some annuities.
Stocks, oil and corporate bonds all plunged, while safe havens like Treasuries and gold stood still.
Management makes public statements about weaknesses at company's funds.