Different products provide various strategies for retirees.
Finra said ONESCO failed to stop a broker from putting clients into unsuitable variable annuity strategies.
The state could appeal a court rejection of its best-interest annuity rule.
Insurance agents and advisors in New York won a lawsuit to overturn the state's best interest sales standard.
Changes in federal and state tax laws can impact taxes on a household portfolio.
Jirele will succeed CEO Walter White after his retirement later in the year.
Finra levied $57 million in fines last year, up from $40 million in 2019, said Eversheds Sutherland.
Amid low interest rates and volatile stock movements, what role do annuities play in retirement income?
But registered index-linked annuities were an industry bright spot, according to the Secure Retirement Institute.
DPL Financial Partners will use the money for technology and infrastructure.
Should clients wait for higher interest rates before buying these products?
BlackRock has added to its lineup of iBonds, announcing the launch of the iShares iBonds 2026 Term High Yield and Income ETF (IBHF).
SRI said many investors are shying away from annuities because of low interest rates and market uncertainty.
The regulation requires advisors to “act in the best interest of the consumer when recommending or selling an annuity.”
The SS&C Advent Insurance Marketplace offers RIAs access to fee-only insurance products.
The firm agreed to the penalty to settle charges it unnecessarily switched clients out of variable annuity products.
Signal Advisors brings a very different look to insurance-based independent marketing organizations.
John R. Charles previously served as V.P., commercial banking strategy at J.P. Morgan.
The Detroit-based firm combines insuretech with an independent marketing organization.
The drop was due to the economic impact of the coronavirus pandemic and low interest rates.