New Rule Strengthens Protections For Annuity Consumers In Tennessee

New Rule Strengthens Protections For Annuity Consumers In Tennessee

WASHINGTON, Jan. 27 (TNStalk) — The American Council of Life Insurers posted the following joint statement on Jan. 26, 2023:

American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors’ (NAIFA) Tennessee President Scott Flowers issued the following joint statement on the best interest annuity rule adopted recently by the Tennessee Department of Commerce and Insurance.

"The new rule adopted by Director Carter Lawrence and the Tennessee Department of Commerce and Insurance advances important consumer safeguards and adds to the nationwide push for enhanced protections for annuity consumers."Tennessee becomes the 31st state […]

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