https://retirementplanningscottsdale.com State insurance commissioners are discussing rules, and the Annuity Suitability Working Group held a conference call this week, which produced additional tweaks to Annuity Disclosure Model Regulation 245. The group is a National Association of Insurance Commissioners committee. The model Regulation 245 allows illustrations only if an index has been around at least 10…
Anil Vazirani asks: “Is the Complexity of the New Indexed Annuities Causing Concern?”
Per an article in Investment News: http://www.investmentnews.com/article/20171214/FREE/171219942/complexity-of-new-indexed-annuities-causing-concern Indexed annuities are a type of fixed annuity that tracks a market index, such as the S&P 500. Some observers however are concerned about a surge in products using a “hybrid” market index. Critics say such indices are less transparent and more difficult to understand than well-known alternatives…
Anil Vazirani asks: “Is the Complexity of the New Indexed Annuities Causing Concern?”
https://retirementplanningscottsdale.com/ Anil Vazirani asks: “Is the Complexity of the New Indexed Annuities Causing Concern?” Indexed annuities are a type of fixed annuity that tracks a market index, such as the S&P 500. Some observers however are concerned about a surge in products using a “hybrid” market index. Critics say such indices are less transparent and…