Tag: COMMISSIONS

Fiduciary Papers #17: WHY THE INSURANCE LOBBY’S ARGUMENTS AGAINST THE DOL RULE ARE DISINGENUOUS

The insurance lobby is against the imposition of the fiduciary standard by the DOL, as it will lower the excessive commissions often paid on the sale of Fixed Index Annuities (and other annuities) – and lead to less sales for the insurance companies. In essence, it will upend the distribution channel, as you transform annuities…

January 6, 2024
Fiduciary Papers #14: It’s Time to End Commissions and Revenue Sharing

It is possible that all commission-based compensation involving the sale of investment products, life insurance products, and annuities could be eliminated. And it would be right and just to do so. Every commission can be transformed into a clearly understandable fixed fee that would be paid directly by the consumer. There is no need today…

December 14, 2023

Fiduciary Papers #17: WHY THE INSURANCE LOBBY’S ARGUMENTS AGAINST THE DOL RULE ARE DISINGENUOUS