Suitability Annuity Transactions

Chapter 117. Regulation Number 89—Suitability In Annuity ...
INSURANCE Louisiana Administrative Code July 2011 406 Chapter 117. Regulation Number 89—Suitability in Annuity Transactions §11701. Purpose ... Document Viewer

List Of Statutory Instruments Of The United Kingdom, 1996 ...
Personal Pension Schemes (Deferred Annuity Purchase) (Acceptance of Contributions) Regulations 1996 S.I. 1996/805; (Treatment of Transactions) Order 1996 S.I. 1996/1255; Value Added Tax (Cultural Services) Order 1996 S.I. 1996/1256; ... Read Article

NAIC SUITABILITY IN ANNUITY TRANSACTIONS MODEL REGULATION
Title: Microsoft Word - 4 hr NAIC Annuity Suitability DESCRIPTION Author: Zack Created Date: 8/30/2011 3:03:38 PM ... Access Document

Citigroup - Wikipedia, The Free Encyclopedia
CTS intermediates more than $3 trillion in global transactions daily. American Express Financial Advisors and Chase Investment Services regarding suitability and supervisory violations relating to mutual fund sales practices between January 2002 and July 2003. ... Read Article

Testimony Of Sandy Praeger, Kansas Insurance Commissioner And ...
NAIC Suitability in Annuity Transactions Model Regulation Talking Points Author: Jolie Matthews Created Date: 8/31/2007 11:29:02 AM ... View Document

Suitability In Annuity Transactions - The Council Of State ...
Suitability in Annuity Transactions This Act directs that in recommending to a consumer the purchase of an annuity or the exchange of an annuity that results in another insurance transaction or series of insurance ... Access Doc

Annuity Suitability - California
In addition, Assembly Bill (AB) 689 (Chapter 295, Statutes of 2011) Insurance Annuity Transactions became effective January 2, 2012. with regard to the suitability of annuity product recommendations; Be able to define “suitability; ... Doc Viewer

NAIC Annuity Suitability Regulation
NAIC Annuity Suitability Regulation Product and State Training Requirements In states that have adopted the 2010 NAIC Model Regulat ion on Suitability in Annuity Transactions, producers ... Retrieve Here

Tougher Annuity Standards On Horizon - About.com Insurance
These NAIC 2010 requirements requirements establish suitabiloity standards in annuity transactions. Passage of NAIC 2010 means that fixed annuity producers will have to follow similar rigorous suitability standards as those imposed upon variable annuity producers. ... Read Article

Frequently Asked Questions
Frequently asked questions NAIC Suitability in Annuity Transactions Model COM10453-2 For distribution partner use only. Not for use in sales solicitation. ... View Document

ALABAMA DEPARTMENT OF INSURANCE INSURANCE REGULATION CHAPTER ...
SUITABILITY PROTECTION IN ANNUITY TRANSACTIONS TABLE OF CONTENTS transactions, the insurance producer, or the insurer where no producer is involved, shall . Page 4 have reasonable grounds for believing that the recommendation is suitable for the ... Document Retrieval

Fixed Annuity Suitability Position Statement
Suitability in Annuity Transactions. Other states have enacted laws/regulations that require a producer to have reasonable grounds for believing that his/her recommendations are suitable for the consumer based on the facts disclosed by the consumer and known by ... Fetch Full Source

Kansas Insurance Department's Proposed Adoption Of Policy And ...
NAFA Comment to Kansas Insurance Department Proposed Adoption of Policy & Procedure Regarding Suitability in Annuity Transactions state-specific requirements that differ from the NAIC model language. ... Retrieve Doc

House Floor Sessions - YouTube
06:56 - Concur to Senate amendments to HF1134 (Hoppe) Annuity products regulated, and National Association of Insurance Commissioners model regulation enacted and modified relating to suitability in annuity transactions. CONFERENCE COMMITTEE REPORTS. ... View Video

SUITABILITY IN ANNUITY TRANSACTIONS MODEL REGULATION
SUITABILITY IN ANNUITY TRANSACTIONS MODEL REGULATION Table of Contents Section 1. Purpose Section 2. Scope Section 3. Authority Section 4. Exemptions Section 5. Definitions Section 6. Duties of Insurers and Insurance Produce rs Section ... Get Content Here

Suitability In Annuity Transactions - Boca Information ...
INSURANCE DEPARTMENT OF THE STATE OF NEW YORK REGULATION NO. 187 11 NYCRR 224 SUITABILITY IN ANNUITY TRANSACTIONS I, James J. Wrynn, Superintendent of Insurance of the State of New York, pursuant to the authority granted by ... View This Document

TITLE 114 LEGISLATIVE RULE OFFICES OF THE INSURANCE ...
TITLE 114 LEGISLATIVE RULE OFFICES OF THE INSURANCE COMMISSIONER SERIES 11B SUITABILITY IN ANNUITY TRANSACTIONS §114-11B-1. General. 1.1. The purpose of this rule is to require insurers to establish a system to supervise ... Document Retrieval

Suitability Of Annuity And Life Transactions For Seniors Memo
FLORIDA DEPARTMENT OF FINANCIAL SERVICES Division of Agent and Agency Services Bureau of Licensing 200 East Gaines Street, Room 419 Tallahassee, Florida 32399-0319 ... Access Content

Suitability And Disclosure Developments - Whitaker, Chalk ...
Variable annuity transactions to comply with this rule. Fundamentally this means that broker- record of annuity suitability actions under insurance law: • Pacific Life Insurance Company - $950,000 penalty - April 2005; ... Read Full Source

Annuity Suitability Training Courses - Nebraska Department Of ...
Annuity Suitability Training Courses Provider Course Name Course# Contact Phone number 360Training.com Annuity Suitability 31888 Krista Fredrick 512/539-2747 ... Return Doc

California Department Of Insurance Four-Hour Annuity Training ...
Annuity Suitability Transactions Page 4 Revised 4-30-12 . I. Identify and discuss suitability 5% In recommending that individual consumers, including consumers over the age of 65, purchase or exchange ... Get Content Here

House Floor Session 4/2/12 - YouTube
2:17:52 - HF1134 (Hoppe) Annuity product regulated, and National Association of Insurance Commissioners model regulation adopted relating to suitability in annuity transactions. ... View Video

Financial Adviser - Wikipedia, The Free Encyclopedia
A commission (sometimes called a “load”) based on the amount invested in a mutual fund or variable annuity; A “mark-up”: when one buys “house” products vs the lower standard of suitability, would be too costly to implement and reduce choice for consumers. ... Read Article

Utah Enacts Annuity Suitability Licensing Requirements ...
Athene Annuity & Life Assurance Company 4-12 Utah Enacts Annuity Suitability Licensing Requirements Effective March 26, 2012 Utah has adopted new regulations related to Suitability in Annuity Transactions ... Retrieve Doc