The New York State Department of Financial Services is planning to investigate sales of annuities in the 403(b) retirement plan market.
They announced a a commission-free, single premium immediate annuity, and a commission-free deferred income annuity.
Annuities rolled right along with the Rolling Stones during their recent tour of the United States.
Annuity sales subsided when fiduciary rules were in place – rules that have now been pushed aside, causing new sales to skyrocket.
First Ken Fisher shocked his audience with sexist and off-color remarks. Then the billionaire said he didn’t understand why.