FINRA to Update Variable Annuity Exam Questions

February 15, 2022 by Allison Bell

The Financial Industry Regulatory Authority says the variable annuity issuers and distributors it oversees should be prepared for new exam questions about use of automated transaction tracking tools.

Many life insurers have been shifting toward the sale of life insurance and annuity products with no guarantees, or only limited guarantees, because of concerns about low interest rates, investment market volatility and tough new long-term insurance and annuity liability accounting rules.

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Originally Posted at ThinkAdvisor on February 9, 2022 by Allison Bell.