Time may have come to eliminate sales incentives in the annuities business
As the financial services industry moves toward a fiduciary standard, prizes for top insurance sellers smack of conflict.
Even as fiduciary duty becomes a common phrase in the parlance of financial advisers, insurance agents are still offered gold watches and other incentives for annuity sales.
Sen. Elizabeth Warren, D-Mass., brought the issue of incentives in exchange for annuity sales to the fore in late April, when
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