This new rule could change how annuities are sold
March 02, 2020 at 15:47 PM EST
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.