Given how prone the Labor Secretary and other DOL officials are to cite severe negative impacts of conflicted retirement advice on average Americans, some advisers are surprised (and skeptical) about the apparent softening of key aspects of the final fiduciary rule.
New blog post! The majority of financial professionals surveyed think that fixed indexed annuity sales will continue growing this year and over half expect gains to be in the double digits. We'll have to see how the DOL fiduciary rule effects this forecast.
Overall, retirees and those close to retirement see significant benefits and value from fixed indexed annuities. This is why sales have been increasing and are expected to continue on that upward trend.
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