The $65 Million Question: What License is Needed to Sell under DOL Rule?
The $65 Million Question: What License is Needed to Sell under DOL Rule? By Kim O’Brien – InsuranceNewsNet – October 5, 2016 Since Americans for Annuity Protection launched its AskAAP program in August (available as a free benefit to AAP members), we’ve received hundreds of questions about the DOL Rule, its impact on annuity advisors […]
FGL FIAs Now Available in MN, OR, PA and WA
FGL FIAs Now Available in MN, OR, PA and WA FGL’s Performance Pro and Safe Income Plus Fixed Indexed Annuities Are Now Available in MN, OR, PA and WA Both FIAs are ten-year products that offer vesting premium bonuses if the optional Guaranteed Minimum Withdrawal Benefit (GMWB) rider is elected.* The vesting premium bonus is […]
DOL Fiduciary Rule Update
DOL Fiduciary Rule Update DOL Fiduciary Rule Update The Department of Labor Fiduciary Rule’s implementation date is rapidly approaching with portions of the rule going into effect April 10, 2017; with the full implementation of the rule being effective January 1, 2018. While many advisors already act in their client’s best interest, this Rule makes […]
FGL Top Selling FIAs Coming Soon in MN, OR, PA and WA
FGL Top Selling FIAs Coming Soon in MN, OR, PA and WA Breaking News! FGL Top Selling FIAs Coming Soon in MN, OR, PA and WA Both FIAs are ten-year products that offer vesting premium bonuses if the Guaranteed Minimum Withdrawal Benefit (GMWB) rider is elected.* The vesting premium bonus is applied to all first […]
FGL FIAs in Florida Now Offer the EGMWB Rider
FGL FIAs in Florida Now Offer the EGMWB Rider Fixed Indexed Annuities in Florida Now Offer the EGMWB* Rider Effective with the October 8, 2016 buy date, the following FIAs sold in Florida will offer the optional EGMWB* rider (not the GMWB Rider): Performance Pro® Safe Income Plus ® FG Retirement Pro® Please click below […]
Atlantic Coast Life Annuity Rate Decrease Effective 09/15/2016
Atlantic Coast Life Annuity Rate Decrease Effective 09/15/2016 Atlantic Coast Life Annuity Rate Decrease Effective 09/15/2016 Based on current market conditions we are lowering our MYGA credit rates. Effective September 15, 2016, the rates for our Safe Harbor 5-year annuity will decrease by 10 bps, the 6-year annuity will decrease by 5 bps and the […]
Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016
Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016 Sentinel Security Life Annuity Rate Adjustment – Effective 09/15/2016 Effective September 15, 2016, the rates for the MYGA 5-year annuity will decrease by 10 basis points. No change for the 7-year. Additionally, our MYGA 10-year annuity rates will decrease by 5 basis points. To download an updated Annuity […]
Office closure due to inclement weather
Our office are closing today September 1, 2016 at 4:00pm Eastern due to inclement weather due to Hermine hurricane.
Office Closing in Observance of Labor Day
The Life and Annuity Shop wishes you and your family a Happy Labor Day! In observance of Labor Day, our office will be closed on Monday, September 5th, 2016. We will reopen with normal business hours on Tuesday, September 6th, 2016 at 8:15 a.m. EST. Sincerely, The Life and Annuity Shop
Athene MYG Commissions Schedule Updates
August 29, 2016 Athene adjusted commissions on their Athene MYG products. The new commission schedule will apply to issued Athene MYG business with applications dated on or after September 3, 2016. To obtain an updated copy of your commission schedule, please contact us. Commissions are being reduced by 50 bps on the MYG 5 and 7. […]
