Department Of Labor Facing Deadline On Investment Advice Rule

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11/18/2020

 

Department Of Labor Facing Deadline On Investment Advice Rule The Department of Labor has one week to publish its investment advice rule to avoid a quick hook by the incoming Joe Biden administration. Any rules published in the final 60 days of an administration, known as “midnight regulations,” can be rescinded by the incoming administration. Guarantee growth and protection with GuaranteeShield

 

Lincoln Financial's New Products Focus On Living Benefits In a time when nearly half of consumers surveyed say they would be more likely to purchase life insurance if the benefits could be used while they’re alive, Lincoln Financial Group is introducing new life insurance products that focus on the ‘living benefits’ for needs such as retirement income…

 

LATEST ANNUITY STORIES LIMRA: Banks Rebound In 3Q To Drive Fixed-Rate Deferred Annuities Growth Fixed-rate deferred annuity sales surged 60% in the third quarter to $15.8 billion, driven in part by strong sales through banks, according to the Secure Retirement Institute (R) U.S. Individual Annuity Sales Survey. With $6.54 billion in fixed-rate deferred sales in the third quarter– nearly $3 billion higher that the second quarter– bank sales represented… Annuity Payments Postponed As NYC Makes Deal With Sanitation Workers Mayor de Blasio announced the agreement with the Uniformed Sanitationmen’ s Association on Monday afternoon, noting the city has now secured a total of $722 million in labor savings that will go toward filling $5 billion in budget shortfalls projected through 2022.. For months, de Blasio had been pleading for President Trump and the Republican-controlled…

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