State insurance commissioners consider strengthening annuity sales rules

April 13, 2017 by Mark Schoeff Jr.

State insurance regulators are considering strengthening investor protections surrounding sales of annuity products.

The National Association of Insurance Commissioners launched an annuity suitability working group April 8 at the organization’s spring meeting in Denver. The panel will review the NAIC’s model regulation for annuity transactions, a measure that was initially adopted in 2006 and revised in 2010.

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Originally Posted at InvestmentNews on April 12, 2017 by Mark Schoeff Jr..