The FIO Report: What it says about annuities
December 16, 2013 by Maria Wood
The U.S. Treasury’s Federal Insurance Office (FIO) long-awaited report on how to modernize the industry was finally released last week, all 70-some pages of it.
For those in the annuity industry, the pertinent section begins on page 51, although much of what it says will sound familiar. On that page and the next, the FIO recommends that all states enact the NAIC Suitability in Annuities Transaction Model Regulation. Click here to read…
Originally Posted at LifeHealthPro on December 16, 2013 by Maria Wood.
Categories: Industry Articles