Index Annuities Going Captive?
For the average insurance professional selling index annuities, there have been some major ups and downs over the past few years. Just a couple of years ago it almost seemed certain that fixed index annuities were going to be changed to securities with 151A. However, the insurance and annuity community really came together and won a tough battle against the powerful broker dealers and FINRA. We have also seen commissions take a nosedive, caps have followed a similar pattern, and the beloved income riders that...
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