After
months of waiting, the SEC has made its decision and
adopted Rule 151a which will define fixed indexed
annuities as securities beginning January 12,
2011. We are all disappointed in this decision;
however, it does not change our fundamental purpose of
promoting quality products that meet the needs of
millions of Americans.
Our
industry will take this opportunity and create new,
innovative products that will serve you and your
client. There has never been a greater demand for
what we offer – safe, reliable products.
For 20
years, dmi has been a leader in the annuity marketplace
by promoting safe, reliable products with guarantees
that not only offer income but peace of mind. Our
commitment will not change as a result of Rule
151a. We remain committed to you and will continue
to identify and promote quality products from
financially secure carriers that meet your clients’
needs. We will remain focused on providing you with
product training, marketing support and will continue to
invest in our administration services and technology to
ensure you receive superior service on all of your life
and annuity applications.
The last
several months have been a trying time for all of us but
we have made it through by remaining focused on what
matters – our agents. Although this has been an
unprecedented time in our industry – 2008 was our best
year. I want to thank you for your trust and for
continuing to allow dmi the opportunity to earn your
business. I look forward to 2009 and the challenges
it may present. As we have all learned, challenges
only make us stronger.
Wishing
you and your family a healthy and prosperous
2009.
Brian J.
Donahue
President
& Founder,
dmi