I don't write a ton of annuities, but it does look like the industry has taken a hit with the DOL. A few questions, any input would be helpful:
1. I saw one company's DOL form, and it looks like all commissions have to be disclosed. Surely that could be a turn-off for many clients. Is that for all EIA business, or just ERISA
/IRA qualified money?
2. If it's for all business, can you write annuities with a trail, like 1%? And do most annuity companies offer that?
3. In what specific ways has the DOL affected your business?