New Rule in Louisiana Strengthens Protections for Annuity Consumers

New Rule in Louisiana Strengthens Protections for Annuity Consumers

WASHINGTON, Sept. 20 (TNSres) — The American Council of Life Insurers issued the following joint statement:

* * *

American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors (NAIFA)–Louisiana Chapter President Blake Gillies issued the following joint statement on the best interest annuity rule adopted by the Louisiana Department of Insurance:"The Louisiana Department of Insurance, led by Commissioner Tim Temple, has significantly enhanced protections for Pelican State consumers seeking lifetime income through annuities. The new rule includes heightened standards that financial professionals must follow and protects consumers’ access to information about […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.