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DOL May Modify Proposed Rule to Treat Indexed Annuities the Same Way as Variables
InsuranceNewsNet.com Link to more items from this source
Nov. 2, 2015

"The Department of Labor (DOL) staff appears to be thinking that fixed index annuities should be treated more like variable annuities than fixed annuities under its new 'conflict of interest' " fiduciary rule, according to an insurance executive who met with top-level staffers.... During the meeting, the DOL officials asked the executives some 'pointed questions' about fixed index annuities (which the DOL calls equity index annuities)[.]"

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