April 2024 – Page 6

ERISA Retirement Income Working Group – (A) – NAIC “ERISA Retirement Income – https://naic.soutronglobal.net/Portal/Public/en-GB/SearchResults 2012 NAIC Proceedings 2013 NAIC Proceedings 2013 Summer ERISA Retirement Income (A) Working Group Aug. 24, 2013, Minutes (Attachment Four) …… 6-19 American Council of Life Insurers (ACLI) Guiding Principles on Improvements to U.S. Department Of Labor (DOL) ERISA Annuity Selection…

DOL – EBSA – 1210-AB32 Brian H. Graff – The American Society of Pension Professionals and Actuaries (ASPPA), the National Association of Independent Retirement Plan Advisors (NAIRPA), and the Council of Independent 401(k) Recordkeepers (CIKR) – 4p <WishList> – A recent survey of plan sponsors reported that 60 percent of small business plan owners indicated they…

DOL – Fiduciary Rule – Outline DOL – Fiduciary Rule — [BonkNote] DOL – Fiduciary Rule – Outline — [BonkNote] 2023 1031 – DOL / EBSA – Fact Sheet: Retirement Security Proposed Rule and Proposed Amendments to Class Prohibited Transaction Exemptions for Investment Advice Fiduciaries, U.S. Department of Labor, Employee Benefits Security Administration — [BonkNote] — …

InvestmentNews investmentnews.com/ 2018 0718 – InvestmentNews.com – State insurance commissioners don’t include life products in their annuity suitability reform, by Mark Schoeff Jr. – [link] “We see no rationale for applying a best-interest standard or ‘suitability-plus’ standard of care to a fixed-indexed annuity transaction but not to an indexed universal life insurance transaction, or for applying…

Level Premium Whole Life Policy Without Cash Value Referring to Mr. Hutchison’s comment about the self-induced cash value fetish I wonder if he is really referring to the self-induced guaranteed cash value fetish. Many years ago life companies in the U.K. offered a level premium whole life policy without cash value, as Mr. Gustafson has…

Double the Death Benefit We designed commission rules that anticipated a relatively large number of rollovers of existing policies;. ..full commissions are paid provided the new Universal Life face amount is at least two times the face amount of the replaced policy. — Phillip B. Norton, not a member of the Society, is Vice President of The Lincoln…

Michael Hutchison Crown Life I believe that there is an urgent need for the life insurance industry to answer the accusations of its critics who say that its failure to disclose accurately the price of its products to its policyholders has led to a noncompetitive situation detrimental to the interests of policyholders and the public.…

Anti-Trust When I read the program information, I was struck by the antitrust disclaimer that we have at the front of the program. I want to read that disclaimer to you. It says, “Under no circumstances shall meetings or programs be used as a forum for representatives of competing companies and/or firms to reach any…

SOA – No Written Record 1995 – SOA – Sessions With No Written Record – 6p

Wars Illustration Wars 1989 – SOA – Illustration Wars, Society of Actuaries – 14p 2023 0705 – BetterWealth – Expert Reviews Whole Life Insurance, IUL’s, and Annuities – [Bobby Samuelson] — [BonkNote] — [VIDEO-YouTube-01:14:13] 30 – Bobby Samuelson – Agnostic on Product. Product vs Illustration. Story – IUL Sales History, What is good IUL? Before, later….no rules for illustrating IUL.. Helped…