Obama-era fiduciary rule made variable annuities cheaper, study finds

September 30, 2020 by Tobias Salinger

Clients have found better-performing and less expensive products in the variable annuity marketplace, thanks in part to the Obama-era fiduciary rule, a new academic study argues.

The study, written by three finance and economics professors at Harvard Business School and New York University, takes a fresh look at some of the most hotly disputed topics in wealth management, with striking and controversial results.

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Originally Posted at Financial Planning on September 24, 2020 by Tobias Salinger.