MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

As DOL Fiduciary Rule Dies, Variable Annuities Come Alive — Sales Up For First Time Since 2014

TedTed
in The Bullpen
FYI: The death of the Department of Labor fiduciary rule is breathing new life into the variable annuity business.

Following 17 consecutive quarters of sales declines, dating back to 2014, there was some good news for insurers in the second quarter this year: an increase in sales.

Product sales increased 2%, to $25.8 billion, when compared with the first quarter's results, according to the Limra Secure Retirement Institute.
Regards,
Ted
https://www.google.com/search?source=hp&ei=UHV9W5GcF4icjwTl8qf4Bg&q=As+DOL+fiduciary+rule+dies,+variable+annuities+come+alive+—+sales+up+for+first+time+since+2014&btnK=Google+Search&oq=As+DOL+fiduciary+rule+dies,+variable+annuities+come+alive+—+sales+up+for+first+time+since+2014&gs_l=psy-ab.3...3137.3137..4190...0.0..0.88.167.2......0....1j2..gws-wiz.....0.P2DAG_jrFP8
Sign In or Register to comment.