KRTL BioTech

This new rule could change how annuities are sold

This new rule could change how annuities are sold

When it comes to protecting consumers' money, many in the financial industry are in one of two camps: those in favor of a 'fiduciary rule' or those who back a 'best interest' regulation. Now, some states are poised to wade into the fight by adopting a best interest standard for annuities sales.