10 compliance challenges annuity providers will face in 2016
April 7, 2016 by Kristen Beckman
As if the finalized Department of Labor fiduciary rule is not enough of a challenge for the annuities market to tackle, several other regulatory and compliance issues are still important for carriers, producers and independent marketing organizations to focus on this year.
Kevin Mechtley, consultant with First Consulting and Administration, outlined compliance issues likely to be faced by annuities providers this year during a webcast in conjunction with the National Association for Fixed Annuities (NAFA). Mechtley based his David-Letterman-style top 10 list on interviews with regulators and carrier compliance experts.