3 significant challenges for annuity advisors in 2017

December 27, 2016 by BEN YAHR, GERRY MURTAGH

We expect to see significant changes in the annuity industry during 2017. The Department of Labor’s fiduciary rule will become applicable in April 2017 and have major impacts on financial services delivered to the retirement market.

The DOL rule will affect companies’ strategies and operations, the products they offer, the advice they provide and the technology they use to support their customer and distribution networks.

The biggest impact, however, may be felt by advisors. 

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Originally Posted at LifeHealthPro on December 21, 2016 by BEN YAHR, GERRY MURTAGH.