Browsing Tag
NAIC
6 posts
All 50 States Now on Board with NAIC Best Interest Annuity Rule
New Jersey becomes last state to adopt the NAIC standard for annuity sales applying to insurance agents and companies (but not to advisors working within ERISA-covered retirement plans)
California’s Adoption of NAIC Annuity Protection Model Means 90% of U.S. Consumers Now Covered
Insurance industry opponents of DOL Retirement Security Rule say move further diminishes its need
DOL’s Lifetime Income Illustration Flaws Will Back Sponsors into a Corner
By mandating Illustrations that don’t provide a proper estimate of future retirement income, James Kavanagh argues the DOL has created a dilemma for plan sponsors
Expanding 401k Access Highlights IRI’s 2020 Advocacy ‘Blueprint’
“Expand opportunities to save for retirement by enhancing access to, and features of, workplace retirement plans” is the…
Iowa Proposes Harmonized Annuity Best Interest Regulation
As annuities are poised for meaningful expansion into 401k plans as a result of the SECURE Act, states…
NAIC Approves Best Interest Model Regulation for Annuity Sales
The National Association of Insurance Commissioners (NAIC) gave final approval Feb. 13 to a revised model regulation that…