Election Could Reverse Annuity Reg Alignment, Panelists Say
August 4, 2020 by Steve Morelli
After three years of realigning federal regulation to be more business-friendly, prepare for whiplash if the presidency and Senate change hands in this election.
That was one of the points covered by members of a National Association for Fixed Annuities panel on Wednesday. David Wolfe, counsel at Advisors Excel, the nation’s largest insurance marketing organization, said the Trump administration’s recasting of regulations helped open the door a bit wider for annuities in the retirement market.
“This was already shaping up to be a significant year in our industry,” said Wolfe, who hosted the webinar.
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