Speak with a Registered Agent: 1-866-223-2121

State Regulators Consider Changes to Annuity Sales Standards

After the implementation of the DOL fiduciary rule earlier this month, state insurance regulators are starting to evaluate annuity sales standards that they oversee. The new rule requires advisers to act in the best interest of their clients when investing in retirement accounts. This means …

Read more

UPDATED BLOG: Minnesota Adopts Suitability Guidelines

Suitability guidelines are very important for annuity products.  Those of us with good ethical standards need to make sure that the industry is treating consumers well.  Two groups putting suitability standards into effect are FINRA and the NAIC.  I just updated a blog post about …

Read more

History Doesn’t Repeat When You Compare Annuities

According to the National Underwriter article “NAIC Panel: History is Just History” by Allison Bell, history is unlikely to repeat itself in regards to annuities.  The National Association of Insurance Commissioners’ Life Insurance and Annuities Committee is working to revise the way that illustrations that …

Read more