WASHINGTON, March 1 — The American Council of Life Insurers issued the following statement on Feb. 29, 2024:
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American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors (NAIFA)–New Hampshire Past President Dawn Chambers issued the following joint statement on the best interest annuity rule adopted recently by the New Hampshire Insurance Department:"The actions taken by Insurance Commissioners D.J. Bettencourt and the New Hampshire Insurance Department greatly enhance protections for consumers seeking lifetime income through annuities. The new rule heightens the standards financial professionals must follow and protects consumers […]
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