Variable Annuities
Variable annuity news and analysis, including coverage of registered indexed linked annuity (RILA) contracts.
Rep Recommended Unsuitable Annuity Exchanges: FINRA
By Melanie WaddellThe switches led to unnecessary charges and reduced death benefits, an order states.
July 30, 2026
Q2 Sales of Traditional Variable Annuities Rose 25%Retirement savers were willing to face more volatility for a chance to earn higher returns, according to LIMRA data.
July 28, 2026
BD Fined $70K Over Reg BI Violations, Annuity Switches: FINRAThe Logan Group, an order states, failed to collect and consider client information related to recommended deferred variable annuities.
July 20, 2026
PRO
Are You Making These Compliance-Related Annuity Mistakes?Failing to understand a client's needs and not documenting why the product is suitable are just two concerns, advisors say.
July 17, 2026
BD to Pay $1.1M Over Variable Annuity ExchangesA rep at the firm, Centarus Financial, was also suspended for recommending 88 unsuitable VA exchanges, a FINRA order states.
June 08, 2026
LPL Faces Suit Over Clients' PHL Life and Annuity HoldingsThe plaintiffs say LPL advisors "intentionally left them in the dark" about the issuer's finances.
June 04, 2026
Rep in Hot Water Over Annuity Rider, Reverse Mortgage RecommendationsClayton K. Shum also engaged in undisclosed outside business activities and disclosed clients' personal information, FINRA states.
May 19, 2026
BD Fined $100K Over Deferred VA ExchangesWorld Investments failed to supervise recommendations of annuity switches, FINRA finds.