OMB Approves 18-Month Fiduciary Rule Delay, With ‘Change’
AUGUST 29, 2017 Originally published by ThinkAdvisor. The delay must now be finalized by Labor Department The Office of Management and Budget approved on Monday the 18-month delay for the more onerous provisions of the Labor Department’s fiduciary rule. The OMB approval, which usually takes 90 days, took less than a month. The office listed its action as […]
DOL Seeks 18-Month Delay of Fiduciary Rule
DOL Seeks 18-Month Delay of Fiduciary Rule By John Hilton – InsuranceNewsNet – August 9, 2017 The Department of Labor moved today to delay phase two of the controversial Obama-era fiduciary rule by 18 months. Documents (ß Notice of Administrative Action)were filed today with the Office of Management and […]
Who Is Winning With the Fiduciary Rule? Wall Street
Who Is Winning With the Fiduciary Rule? Wall Street For now, the rule is setting money in motion By Lisa Beilfuss – The Wall Street Journal – August 11, 2017 The brokerage business fiercely fought the new retirement advice rule. But so far for Wall Street, it has […]
Introducing Our Newest Annuity – Personal Choice Plus+
Personal Choice Plus+ Annuity We are excited to announce the addition of our most customizable annuity to our Sentinel Security Life product family! Introducing the Personal Choice Plus+ Annuity – a balanced hybrid of a traditional MYGA and FIA. This product offers both flexible riders and four indexing options directly tied to the S&P 500. Strong fixed index rate […]
Introducing Our Newest Annuity – Safe Anchor Market Guarantee
Safe Anchor Market Guarantee We are excited to announce the addition of our most customizable annuity to our Atlantic Coast Life product family! Introducing the Safe Anchor Market Guarantee Annuity – a balanced hybrid of a traditional MYGA and FIA. This product offers both flexible riders and four indexing options directly tied to the S&P 500. Strong […]
Best interest is in the eye of the beholder…
Best interest is in the eye of the beholder in debate over DOL fiduciary rule July 18, 2017 by Mark Schoeff Jr. The term “best interest” is subjective it seems in the debate over the Labor Department’s fiduciary rule. The phrase is used by both critics and supporters of the measure to describe what they’re […]
E&O plan with coverage for the new DOL Fiduciary rule included at no additional cost.
DOL_EO_LAS (2) The Life and Annuity Shop is now providing a discounted E&O plan with coverage for the new DOL Fiduciary rule included at no additional cost.
The Ultimate DOL Fiduciary Technology System
AmeriLyzer_LAS (3) You can count on The Life and Annuity Shop to provide one-stop shopping for making Department of Labor (DOL) Fiduciary Rule compliant sales. Regardless of the DOL’s actions, we are committed to helping Agents uncover more assets, offer more client services and make recommendations in the client’s best interest. We are your strategic partner. […]
Atlantic Coast Life – Annuity Rate decrease Effective 7/01/2017
Atlantic Coast Life – Annuity Rate decrease Effective 7/01/2017 Based on current market conditions Atlantic Coast Life is lowering the crediting rates on the Safe Haven and Safe Harbor Bonus Guarantee Annuities. Effective July 1, 2017, the 5, 6, 7, 10, and 20-year rates will be reduced by 10 bps. Important Dates to Remember June 30, […]
Sentinel Security Life Annuity Rate decrease Effective 7/01/2017
Personal Choice – MYGA Rate Adjustment Effective 07/01/2017 Based on current market conditions we are lowering the crediting rates on the Sentinel Personal Choice Annuity. Effective July 1, 2017, the 5-year, 7-year and 10-year rates will be reduced by 10 bps. Summit Bonus Index – Indexing Strategy Caps Adjustment Effective 07/01/2017 Based on current market […]