by Kim O'Brien | Feb 13, 2020 | Uncategorized
FACC Leads the Way Protecting Independent Producers and Consumer Choice On February 13, 2019, the NAIC adopted the new Best Interest standards for annuity sales. The Fixed Annuity Consumer Choice Campaign (FACC) has been at the forefront of development of these new...
by Kim O'Brien | Feb 13, 2020 | Uncategorized
On February 13th, 2020 the NAIC formally adopted a model “best interest” regulation which will impact distribution of annuity products. FACC anticipates states will begin adopting this regulation in coming months and both carriers and agents will need to adjust to new...
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