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Top News

Indexed, Income Annuity Sales Beat Quarterly, YTD Records

Beacon Research has announced that annuities in several categories broke sales records in the third quarter of 2013. Total annuity sales were nearly $22.5 billion in the third quarter, up from $17 billion in the second quarter. Total annuity sales increased more than 35% since the third quarter of 2012.

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DOL Likely to Move First on Fiduciary Rule

The Securities and Exchange Commission will let the Department of Labor move first in releasing its fiduciary redraft, which DOL recently said won’t come until next August, two prominent industry officials predicted.

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SHOP Delayed One Year

President Barack Obama's administration is delaying yet another aspect of the health care law. An online health insurance marketplace for small businesses is being put off until November 2014 to make sure the website gets fixed first.

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Administration Details Cancellation Fix

An official at the Center for Consumer Information & Insurance Oversight has detailed the Obama administration’s policy cancellation fix.

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Few Texans Have Found Health Coverage Through ACA

Fewer than 3,000 Texans successfully found private health insurance during the first month of the Affordable Care Act’s open enrollment period to purchase a health plan through an online federal marketplace, according to figures released by the U.S. Department of Health and Human Services.

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Fiduciary Proposal for Retirement Advisers Unlikely Before Spring

The earliest that the Labor Department is likely to propose a rule that would raise investment advice standards for retirement plan advisers is April or May 2014, according to a policy expert.

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