Annuity Suitability Working Group - (A) - NAIC

  • carltonfields.com/insights/expect-focus/2018/another-bout-in-the-naic-best-interest-standard-ti
    • In response to the National Association of Insurance Commissioners’ (NAIC) Annuity Suitability Working Group’s (Suitability WG) proposed revisions to the "Suitability and Best Interest Standard of Conduct in Annuity Transactions Model Regulation" (Model), 23 comment letters were submitted by regulators, consumer groups, industry groups, and companies (the Contenders). - <WishList - 23 Comment Letters>
    • Several rounds of sparring are likely at the NAIC’s Spring National Meeting in March, with the following points of contention:
  • 2018 - Request for Comments
    • 2018 0427 - Letter - ABA to NAIC - Re: Potential Revisions to the NAIC Annuity Suitability Model Regulation, IABA, NAPA - 3p
  • 2017 0731 - Letter - CFA to NAIC - Comments of NAIC Consumer Representatives and Consumer and Worker Advocates to the NAIC Annuity Suitability Working Group - Regarding “Best Interest” Amendments to the NAIC Suitability in Annuity Transactions Model Regulation - 5p