How Fixed Annuities Beat Mutual Funds in a DOL Fiduciary Rule Asset Table By Allison Bell

May 6, 2024 by Allison Bell

Labor Department regulation analysts recently shocked the U.S. fixed annuity community.

The department set tough new retirement account rollover advice fiduciary standard requirements.

The department also reported that, as of 2022, 10-year asset growth had been 6% for fixed annuities, 3% for variable annuities and just 2.9% for mutual funds.

Stocks ranked first, with 10-year asset growth of 10.8%, but humble bank deposits ranked second, with 10-year growth of 6.8%.

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Originally Posted at Think Advisor on May 6, 2024 by Allison Bell.