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    • Ohio National Officially Terminates Select VA Trails

    December 14, 2018 by John Hilton

    Ohio National officially broke service contracts today on variable annuities with a specific guarantees, never backing off the precedent-setting decision despite a torrent of criticism (and lawsuits) from the producer side.

    Trail commissions stopped today for any producer who sold a VA with a guaranteed minimum income benefit rider. The company has been sued twice so far by broker-dealers in federal court.

    Click HERE to read the full story via INN; subscription required. 

    Originally Posted at InsuranceNewsNet on December 13, 2018 by John Hilton.

    Categories: Industry Articles
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