Tag: variable annuity switching
FINRA Sanctions Fortune Financial for VA Sales
Fortune Financial Allegedly Unsuitably Recommended Variable Annuities According to a Letter of Acceptance Waiver and Consent on...
Annuity Sales on the Rise, may Surpass all Time High
Annuity sales on the rise, may surpass all time high set in 2008. CBS News reported today that annuity sales are on the rise thanks to...
Ameriprise Subsidiary Reportedly Fined for VA Switching
SEC fines RiverSource Distributors Inc. $5 Million for Improper Variable Annuity Exchanges According to The Securities and Exchange...
Wells Fargo to pay $1.4 M in Restitution
FINRA Sanctions Wells Fargo for Failure to Supervise VA Switches According to the Financial Industry Regulatory Authority (FINRA) on...
Royal Alliance Associates – Failure to Supervise
Mass. Regulators charge Royal Alliance Associates with Failure to Supervise According to an article in Investment News today, the state of...
1035 Exchange Process Simplified
Could an expedited 1035 Exchange process lead to variable annuity switching? According to Investment News, annuity providers are finally...
