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|