Source of funds still a gray area for insurance-only agents

May 6, 2013 by Maria Wood

For an industry many think is already over-regulated, there is one area where insurance-only agents could use a bit more regulatory guidance and clarity, and that’s when a client wants to liquidate securities to purchase a fixed annuity.

For a registered investment advisor (RIA) or registered rep, it’s not a dilemma. They are permitted, under state law, to dole out investment advice as it pertains to securities sales and purchases. Click here to read…

Originally Posted at LifeHealthPro on May 3, 2013 by Maria Wood.