The new rule permits variable annuity and variable life insurance contracts to use a summary prospectus to provide disclosures to investors. The U.S. Securities and Exchange Commission (SEC) announced ...
A new document designed to help investors better understand variable annuity and variable life insurance contracts won’t shed much light on the often complicated products because the Securities and ...
As spring begins, and after many years of fertilizing and watering by industry representatives, the SEC has adopted comprehensive reforms to its disclosure requirements for variable annuities (VAs) ...
The Securities and Exchange Commission approved a rule Wednesday that it said would help investors better understand variable annuities and variable life insurance contracts. Under the rule adopted by ...
In a significant step toward improving variable insurance product (“VIP”) disclosure, the U.S. Securities and Exchange Commission (“SEC”), on October 30, 2018, proposed a new rule (the “Summary ...
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