U.S. Annuities Sales Boom After Fiduciary Rule Kicks The Bucket
-U.S. annuities sales are booming months after the demise of a regulation that targeted the product, which had required that brokers put customers’ interests ahead of their own compensation. Several U.S. insurers reported surging annuities sales when outlining third-quarter results in recent weeks. A series of interest rate hikes by the U.S. Federal Reserve…
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