Regulators Face Harsh Critics On Indexed Annuity Illustration Rules
July 29, 2019 by John Hilton
State regulators plan one more conference call in a last-ditch effort to tighten up regulation of indexes used in indexed annuity illustrations.
But the National Association of Insurance Commissioners’ working group appears further apart than when it started.
The Annuity Disclosure Working Group is studying a proposal to increase the time indexes must be in existence to be used in annuity illustrations from 10 to 15 years.
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Originally Posted at InsuranceNewsNet on July 22, 2019 by John Hilton.
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