Annuities On The Rebound, Kiplinger’s Reports

March 11, 2019 by Richmond Times-Dispatch (VA)

Kiplinger’s Personal Finance

After years of declining sales, annuities are hot again.

Part of the reason for the resurgence is that rising interest rates are increasing annuity payouts.

But much of the credit for the rebound goes to the demise last year of the fiduciary rule – the U.S. Department of Labor rule that would have required brokers and others to put clients’ financial interests ahead of their own when giving retirement-account advice.

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Originally Posted at InsuranceNewsNet on March 10, 2019 by Richmond Times-Dispatch (VA).