Some advisors say yes, others say no.
New DOL rule could create a price war for variable annuities, says observer.
Some believe indexed annuities may be exempt from new DOL fiduciary rules.
Observers give their thoughts on where opportunities may open up.
To reject VAs because they "charge too much for protection that most clients will never need" is tantamount to saying "get rid of your homeowner's insurance and other policies," he says.
Sales were up 12 percent over the previous quarter, which some attribute to the uptick in the stock market.
Clients come to you for guidance. Usually they abide by your suggestions. But sometimes things go wrong.
Stripped-down, low-cost variable annuities are selling surprisingly well.