BSMG Blog: Protecting the Future of Families and Businesses

The Post DOL World for Annuities


June is recognized as Annuity Awareness Month, and as such, it is the ideal time to start a conversation with your clients. However, how will the recent DOL rule effect these conversations and your sales process?

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The Fed Raises Interest Rates After 10 Year Standstill. What Does This Mean?


The Federal Reserve’s FOMC decided to raise rates on December 16th 2015 for the first time in almost a decade.

"With the economy performing well and expected to continue to do so, the committee judges that a modest increase in the federal funds rate is appropriate," Fed Chair Janet Yellen said in a press conference after the rate decision was announced. "The economic recovery has clearly come a long way."

What does this mean for the life insurance and annuity marketplace?

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Low Interest Rates & Market Turmoil: Managing Market Volatility with FIAs


The Federal Reserve’s FOMC decided to not raise rates on Septhember 17th 2015:

In its statement, the FOMC confirmed it "Is monitoring developments abroad.”

"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term" 

What Will the Fed Do Tomorrow?

It's been 9 years since the Fed last raised rates. Yet, no matter what Janet Yellin and the FOMC decide to do with short-term rates tomorrow, you can rest assured that market volatility will continue. Why? Because the market will likely be "surprised either way" says Kate Warne, an investment strategist at Edward Jones.

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