Fiduciary Rule concerns spur 8% drop in total 2017 annuity sales

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Fiduciary Rule concerns spur 8% drop in total 2017 annuity sales
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Uncertainty over DOL’s partially implemented rule blamed for 5% decline in fixed indexed annuity sales, the product line’s first annual decline since 2009, according to just released figures from LIMRA’s Secure Retirement Institute.
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8%? That's it? I'm good with that. Why? Because perhaps that's the people / agencies / banks & bankers, etc., who had no business selling annuities getting out of the business.
 
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