If the Fed raises interest rates today, as expected, what will it mean for the bull market? What about other factors such as mortgage rates and bond yields? Analysts say the bulls are running and they won’t slow down.
U.S. Chamber of Commerce CEO Thomas J. Donohue urges President-elect Donald Trump to make repeal of the Department of Labor fiduciary rule a top priority.
A new report finds that third-quarter annuity sales totaled $51.3 billion, an 8.2 percent decline. What does it mean for the future of the industry?
The Department of Labor fiduciary rules hold advisors to a “best interest” standard for selling annuities. New tools are needed to help advisors compare different annuities and adhere to that standard, Cannex says.
Athene USA CEO Grant Kvalheim says the company will look to move fixed indexed annuities through bank and broker-dealer channels as regulation pressure hits.
A Government Accountability Office study shows elder abuse but is uncertain about its extent.
Fast-food CEO Andrew Puzder was tabbed by President-elect Donald Trump today as his secretary of labor. If confirmed, Puzder would bring an anti-regulation attitude to the DOL.
A fiduciary standard for advisors will come eventually, says one industry insider, so it is best for the industry to comply now and not carry the risky expectation that the Department of Labor fiduciary rule will be repealed.
The Department of Labor fiduciary rule means an uncertain future for advisors, says a Principal Financial executive. Would a delay stabilize the market?
President-elect Donald Trump is reportedly closing in on fast-food CEO Andrew Puzder. A harsh critic of Obama business regulations, Puzder will likely support repealing the DOL fiduciary rule.
Even if you are one of the lucky few who actually earn some sort of compensation on ACA health plans, selling ancillary products could increase your revenue potential drastically.
Traditional fixed annuity sales fell by as much as 59 percent to $1.2 billion from the third-quarter 2015, according to data released last week. Can this trend be reversed?
Small independent broker/dealers (IBDs) want nothing more than to see the Department of Labor’s fiduciary rule repealed, and from their perspective it’s not hard to see why. IBDs stand to lose an estimated $4 billion in revenue over the next four years because of the rule.
Republicans retained control of Congress and President-elect Donald Trump won the White House. That creates a “substantial likelihood” that the DOL rule will be killed, Sen. Ron Johnson says.
Focus on compliance systems a must, financial services’ analysts say, with government regulations expected to continue for the foreseeable future.
Investors prefer equity-linked annuity products over fixed annuities weighed down by low interest rates.
Allianz Life Insurance shuffles executive leadership as the company continues preparing for the forthcoming Department of Labor fiduciary rule.
A survey of advisors reveals strong support for President-elect Donald Trump, along with the expectation that he will deliver repeal of the Department of Labor fiduciary rule.
President-elect Donald Trump might have found his labor secretary on his transition team. And the candidate is opposed to regulations that are unpopular with the financial services industry.
