
Regulation & Public Policy – Page 2
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Regulation & Public PolicyThe National Association of Insurance Commissioners, or the NAIC, recently implemented a new subgroup to address registered index-linked annuity regulation. These annuities, commonly referred…
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Regulation & Public Policy
Tax Day 2021 Extended to May 17
The Internal Revenue Service has extended the deadline for individual taxpayers to file their 2020 federal income taxes from April 15 to May 17. -
Regulation & Public Policy
States Implement Best-Interest Standard for Annuity Sales
The National Association of Insurance Commissioners has updated past regulations to ensure that insurance companies provide transparent, consumer-focused recommendations to consumers. Now,… -
Regulation & Public Policy
Wells Fargo to Pay $2 Million for Unsuitable Recommendations to Liquidate Variable Annuities
The Financial Industry Regulatory Authority has accused Wells Fargo Advisors Financial Network and Wells Fargo Clearing Services of failing to supervise advisors… -
Regulation & Public Policy
How Changes in Tax Policy Might Affect Investments in 2021
The recent $2.3 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act effectively tripled the federal budget deficit and ballooned the national… -
Regulation & Public Policy
Analysts to Congress: Annuities Can Reduce Retirement Risks
By Eric Bank, Expert Contributor With greater reliance on defined contribution plans and individual retirement accounts, Americans are becoming increasingly responsible for…