New York State proposes ‘best interest’ standard for life insurance and annuities
December 27, 2017 by Bloomberg News
New York State’s top financial watchdog proposed regulations that would require sellers of life insurance and annuities to act in the best interest of clients, raising standards even as the U.S. government delays its fiduciary rule.
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Originally Posted at InvestmentNews on December 27, 2017 by Bloomberg News.
Categories: Industry Articles