Widow Wins $1.2M From UBS Over Annuity, Margin Loan
By Melanie WaddellThe advisor's recommendations and management style resulted in the client "essentially breaking even" over 11 years, her lawyer says.
March 30, 2026
DOL Proposes Adding Variable Annuities to 401(k) Plan Default Option ListA fiduciary would have to show that the benefits from reducing plan participant liquidity justified the impact.
March 12, 2026
DPL Launches Annuity Exchange Tool for Fee-Based RIAsAnnuity Review is intended to help advisory firms swap "legacy" annuities for fee-based products when appropriate.
February 20, 2026
FINRA Suspends Rep Over Variable Annuity SwitchesRobert Settimio Cupello recommended six VA exchanges to seniors without a reasonable basis to believe they were suitable.
January 28, 2026
Bond ETFs Show Up (Occasionally) on Annuity Issuer Asset ListsAnnuities are hot. Bonds are hot. ETFs are hot. How do you pair them?
November 03, 2025
BD Hit With $80K Fine Over Annuity Switches, Background Checks: FINRASupreme Alliance failed to supervise purchases of deferred variable annuities and rates of VA exchanges, the order states.
October 02, 2025
Rep in Hot Water Over Annuity Swaps in Senior Clients' AccountsFINRA has fined and suspended an Oakwood Capital rep for recommending seven unsuitable variable annuity exchanges.