Investor advocate says variable annuity summary prospectus lacked sufficient testing
March 20, 2020 by Mark Schoeff Jr.
A new document designed to help investors better understand variable annuity and variable life insurance contracts won’t shed much light on the often complicated products because the Securities and Exchange Commission failed to do adequate investor testing, an investor advocate asserts.
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Originally Posted at InvestmentNews on March 18, 2020 by Mark Schoeff Jr..
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