Insurers Hope to Change Annuity Regulation Draft

March 8, 2022 by Allison Bell

Annuity issuers are asking state insurance regulators to rewrite draft rules for a hot category of variable annuity contracts.

The insurers told the Index-Linked Variable Annuity Subgroup — an arm of the National Association of Insurance Commissioners — that a fee disclosure provision in the draft could eliminate some popular products.

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Originally Posted at ThinkAdvisor on March 7, 2022 by Allison Bell.