IMOs To Trade Groups: What About Our ‘Best Interest?
February 5, 2019 by John Hilton
A group of independent marketing organizations are dissatisfied with how industry trade groups are representing them in best-interest regulatory discussions.
A letter signed by 14 IMO executives was sent last month to the leading trade associations that represent annuity sellers. They say trade groups are too accepting of best-interest ideas put forth by the National Association of Insurance Commissioners.
The NAIC is accepting comments on a tentative annuity sales model law until Feb. 15.
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