Protecting the Future of Fixed Annuities
A Timeline of State Advocacy Efforts
NAFA engages in NAIC’s efforts to evolve annuity suitability
In addition to immense work being done on the federal level in response to and in support of various retirement reform measures on the table, NAFA continues to be heavily involved in NAIC’s efforts to modernize the Suitability in Annuity Transactions Model Regulation (#275) among the states. From drafting comment letters on proposed revisions to providing continuous direction and feedback on behalf of its members through participation in the Annuity Suitability (A) Working Group, NAFA is providing annuity leadership as it seeks to continue protecting the future of independent distribution.
As our country’s worker to retiree ratio declines, the stability of Social Security — a critical resource that provides Americans with much-needed retirement funding — is being called into question. Learn more about what the future could hold for this program and why continued advocacy is essential for protecting it.