Variable and fixed-indexed annuities feel sting of DOL fiduciary rule
April 6, 2016 by Greg Iacurci
Those who thought fixed indexed annuities would be a benefactor of the Labor Department’s fiduciary rule may want to think again.
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“Indexed annuities were variable-annuity carriers’ Plan B. Now, they’re having to come up with Plan C,” said Sheryl Moore, president and chief executive of Moore Market Intelligence.
Originally Posted at InvestmentNews on April 6, 2016 by Greg Iacurci.
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