After Ohio National decision, the fine print of annuity trails is now a must-read

October 16, 2018 by InvestmentNews Editorials

It’s still a fresh sting, hearing that Ohio National Financial Services Inc. plans to terminate servicing agreements and cut off trail commissions to broker-dealers that sell some of its variable annuities. Can they really do this, some B-Ds wonder? Until and unless the Ohio Department of Insurance or other regulators say otherwise, and as long as the contracts were written for such an allowance: Yes.

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Originally Posted at InvestmentNews on October 13, 2018 by InvestmentNews Editorials.