Four more states and the District of Columbia will ensure that consumers are getting the best annuities by the end of this summer, according to Linda Koco of Insurance News Net. In “More Annuity Suitability Rules Going into Effect This Summer,” the Annuity News editor …
One of the biggest concerns that people have with annuities is the problem of unethical advisors selling investors products that aren’t right for them. The National Association of Insurance Commissioners (NAIC) approved regulations last year to protect investors from such practices. The Suitability in Annuity …
The National Association of Insurance Regulators issued new suitability standards this summer that they hope investment advisers will follow. According to Investment News’ “IRI to launch ‘painless’ annuity training platform” by Mark Schoeff Jr., the annuity sales training will be uniform across the board of …
The National Association of Insurance Commissioners just had a fall meeting to discuss the changing regulation needs regarding annuities, according to “Taking on the next steps in annuity regulation” by Brian Atchison of Investment News. Consistency across the U.S. seems to be the biggest problem …
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