The firm is developing its first fee-based variable annuity , which many experts say is the future of the product line in the qualified market.
But he nabs the wrong villain.
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The move would allow insurers to sidestep additional risk in distributing through independent agents.
Industry group representing insurance companies says the new rule makes it harder for Americans to purchase fixed-income annuities .
Following record MetLife fine, regulator says VAs are now at the core of their focus: complex products marketed to seniors.
Third legal complaint against the Labor Department's regulation to raise retirement advice standards is filed in a Texas court by insurance-industry organizations.
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