NAIC updates annuity sales best interest model regulation

[Insurance Forums Staff]

Insurance Forums Staff submitted a new article

NAIC updates annuity sales best interest model regulation

State regulators revise model to require producers act in customer’s best interest when recommending annuity products.

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[Allen Trent]

Insurance Forums Staff submitted a new article

NAIC updates annuity sales best interest model regulation

Continue reading the Original Article.

Yup, that will fix it. All the bad apples always comply with existing regulations & laws.........................

 

[alohakevin]

Where is the conflict if interest documentation for those who benefit from pushing choking regulation. How do the compliance pushers benefit one way or the other if this goes through.
They push compliance under the guise every advisor is a shmuck and all the lawyers are lone ranger. Its an insult.