Regulatory update: "We are over-complianced"
By Daniel WilliamsSteve Bailey, a registered investment rep at HB Financial Resources, the Charlotte, N.C., firm he founded, spoke with Senior Market Advisor recently on regulatory issues. Below are highlights from that conversation.
April 28, 2010
Suitability: The Rules Are ChangingIt used to be that the rules governing when an annuity recommendation was considered "suitable" depended upon whether the annuity in question was a variable contract.
April 28, 2010
Why Index Annuity Sales Are Turning HeadsThe close of 2009 was particularly challenging in terms of forecasting index annuity sales.
April 01, 2010
GLB: Consumer interest still strongDespite a slight dip in election rates, consumer interest in variable annuities with guaranteed living benefits remained high at the end of 2009. After...
April 01, 2010
The Accidental WholesalerNo one dreams of becoming a wholesaler one day. Not even Jerry Padilla, who happens to be a very good one. Grueling, humbling, sometimes thankless...
April 01, 2010
Annuity Sales IncreaseTwo reports released in late February by the Insured Retirement Institute (IRI) found that the sales of both fixed and variable annuities continued to recover...
March 31, 2010
Fiduciary standardsBig surprise. Senator Dodd caved in to what I imagine was great political pressure and most of us won't become fiduciaries, at least for a time.
March 31, 2010
Fiduciary standardsBig surprise. Senator Dodd caved in to what I imagine was great political pressure and most of us won't become fiduciaries, at least for a time.