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Annuity Rate Sheet & News Bulletin: June 12, 2017

CLICK HERE to view the Annuity Rate Sheet for June 12, 2017.

 

Annuity News Bulletin:

Fidelity & Guaranty Life – The higher 3.10% rate on FGL’s 5-year FG Guarantee-Platinum single premium fixed deferred annuity is coming back on June 15, 2017 and will also be available in California and New Jersey>>Read More

American National – As of June 9, 2017, due to the DOL Fiduciary Rule, all qualified annuity sales must implement a revised suitability form, complete suitability and follow the new Impartial Conduct Standards.  >>Read More

American General – Beginning June 9, 2017 AIG will require an attestation from the writing agent that the agent is conducting business in accordance with the new DOL Rule when selling AIG annuities.  >>Read More

Great American – Great American now allows producers to make corrections to new business paperwork to help resolve Not In Good Order (NIGO) issues faster. Producers simply need to initial and date the correction and resubmit the paperwork.  >>Read More

The Standard – The Standard’s Focused Growth Annuity (FGA) crediting rates decreased effective June 9, 2017. Immediate annuity payouts also decreased. To take advantage of their old rates, please have your signed application dated no later than June 08, 2017 and in The Standard’s home office by June 14, 2017>>Read More