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Protecting the Future of Fixed Annuities

Recent Timeline of NAIC Efforts to Revise MDL 275

NAFA engages in NAIC’s efforts to evolve annuity suitability

In addition to the work being done at the federal level in response to and in support of various retirement reform measures on the table, NAFA has been heavily involved over the past nearly three years in the NAIC’s efforts to modify the Suitability in Annuity Transactions Model Regulation (#275). NAFA supports enhancing the required standard of conduct for annuity transactions to provide greater consumer protection, without harming consumers’ access to the fixed annuity products and professionals that will help them secure guaranteed retirement income. From drafting numerous comment letters on the proposed revisions to the current model to providing critical feedback and direction to regulators on behalf of NAFA members through our participation in the NAIC’s Annuity Suitability (A) Working Group, NAFA is providing annuity leadership as it seeks to protect both consumers and the future of independent distribution. To understand what this means for your business, please see NAFA’s comparison of the current model regulation to the amended version adopted by the NAIC on Thursday, February 13, 2020, available HERE.

Learn more about NAFA’s advocacy efforts »

Furthering Education

ANNUITY CREDITING STRATEGIES: CAP STRATEGY

Recommended Resource

NAFA’s newest educational series seeks to break down specific features and benefits of fixed indexed annuities in a way that anyone can understand. First, take a look at how the point-to-point cap strategy works and why it’s a popular index crediting method available on many FIAs.

Download the paper

20 Reasons to Be a NAFA Member

20 Reasons to Be a NAFA Member

Join the Association

At NAFA, membership truly has its privileges. Stay active, educated and up to speed with NAFA as your guide.

Whether you build, market, sell or support fixed annuity products, we offer membership to every distribution channel.

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NAFA PRESS ROOM

MEMBER BENEFIT

EVENT UPDATE

Save the date for next year's Annuity Distribution Summit: October 7-9, 2020 at Hyatt Regency Tamaya in Santa Ana Pueblo, NM