Regulator group moves to reign in secondary market for annuities
Source
http://www.lifeandhealthinsurancenews.com/Exclusives/2010/3/Pages/Feature-Regulator-group-moves-to-reign-in-secondary-market-for-annuities.aspx
Date
Media Outlet
National Underwriter Life & Health
The Academy Life Products Committee's Jan. 10 comments to the Interstate Insurance Product Regulation Commission (IIPRC) Management Committee regarding guaranteed living benefits for individual deferred annuities was quoted in article reporting on the IIPRC Product Standard Committee's decision in favor of a standard allowing annuity carriers to terminate the living benefit of a contract after a change of the contract's ownership.
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