The Regulation of Annuities
August 24, 2021 by Susan Rupe
A look at how regulators are reclaiming oversight of annuity sales.
Bruce Ashton, partner, Employee Benefits and Executive Compensation Practice Group at Faerge Drinker Biddle & Reath, discusses the latest news on the state and federal regulation of annuities, including:
- How the Biden administration will approach redefining “fiduciary”
- Whether the industry can again win in court to stop restrictive annuity sales regulation
- How important state adoption of annuity sales rules are to the big picture