Estimated reading time: 0 minutes, 20 seconds

A host of insurers tried to weaken a proposed rule revision by New York state that would protect consumer from inappropriate sales practices involving retirement savings products. So reports Politico.

The rule, however, ended up stating that sales representatives can only consider customers’ best interests when recommending annuities or life insurance.

The insurers involved include MassMutual, Pacific Life, Prudential and others.

Read the full article from Politico.

Last modified on Saturday, 19 January 2019
Read 584 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings


For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue


Background Color
Text Color


Background Color


Select menu
Google Font
Body Font-size
Body Font-family
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline