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Annuities hit nirvana moment – will it last?

Annuity sales are smashing all historic records as consumers flock to protection products. But game-changing federal regulation looms. ....

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Annuity regulation comes into focus, but more to come

The regulation of annuities is proceeding down two different tracks: best interest and fiduciary. One of those concepts might win out soon. ....

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ACLI conference wraps up with a look at 2023's regulatory landscape – InsuranceNewsNet

ACLI conference wraps up with a look at 2023's regulatory landscape – InsuranceNewsNet
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DOL Plans On Fiduciary Definition Captivate LIMRA Audiences – InsuranceNewsNet

TAMPA Opinions are mixed here on whether the Department of Labor will pursue a strict fiduciary standard that would rope in retirement plan sales of ....

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ACLI Focused On 'The Big Picture' When It Comes To Regulation

ACLI Focused On ‘The Big Picture’ When It Comes To Regulation
Industry watchers have plenty to keep their eyes on when it comes to the threat of regulation disruption.
But all of that activity, at both the state and federal levels, is seemingly trending in a very good direction, said Jim Szostek, vice president and deputy, retirement security, for the ‎American Council of Life Insurers.
Szostek is part of the all-ACLI panel discussion, The Big Picture: Regulatory and Legislative Landscape in 2021 on Monday afternoon at the virtual Life Insurance Conference from LIMRA, LOMA and LL Global.
The direction is toward best-interest rules for annuity sales a compromise between the tough fiduciary standard that registered investment advisors adhere to, and the suitability standard that regulators say is no longer sufficient. ....

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