How Many Acres Must I Own?

  A new rule enacted by the Department of Labor governing financial advice provided by advisors has thrown the industry into a state of confusion and disarray.    The "Fiduciary Rule" went into effect June 9, 2017, however, any enforcement of the rule has been delayed until January 2018.  New DOL Commissioner Acosta has indicated [...]

By |2020-04-14T19:26:05+00:00July 6th, 2017|Retirement Planning|

Variable Annuity Companies May Face Huge Loss Of Revenue

A recent article mentioned that Credit Suisse was evaluating how the new Department of Labor (DOL) “fiduciary” rule will affect companies depending on variable annuity fee income. The simple fact is this, variable annuities are losing their place in the market and will eventually be a simple add on product instead of the “bull” annuity [...]

By |2020-04-15T21:00:29+00:00August 4th, 2015|Annuities|

New Department Of Labor Forthcoming Rules Redefining Fiduciary Could Be Bad For All

 The DOL should keep their grimy hands off our business I have been writing about and watching with great curiosity about how the government moves more and more to control most aspects of our lives. The sheer ignorance of the new DOL proposal for new “rules” show a complete deftness towards how we as citizens [...]

By |2020-04-14T00:11:12+00:00July 7th, 2015|Annuities|