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Best Interest / Standard of Care

 

We believe public policy should set up all Americans to live the life they choose through retirement. Consumers need choices, not limits, in their retirement planning. Access to “Main Street” financial professionals is essential and public policy should reflect people’s unique situations, preferences, and ways they want to receive retirement planning information.


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Best Interest Overview

The life insurance industry is committed to solutions that promote and protect the best interest of Americans. We are for national solutions that support consumers.

annuities awareness

What is an Annuity?

Annuities provide protected lifetime income, ensuring peace of mind and financial security in retirement.

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Best Interest Advances Will Protect America’s Consumers

ACLI IMPACT shares how America is driving toward a uniform, harmonized best interest standard of care. And America’s consumers will be better off for it.

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Massachusetts Testimony

ACLI CEO Susan Neely and Boston Mutual CEO Paul Quaranto give testimony opposing an elitist fiduciary proposal that denies choices to Massachusetts retirement savers.


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SPREAD THE WORD ON A BEST INTEREST STANDARD


People’s retirement planning needs differ — one size does not fit all. Consumers need choices, not limits, in their retirement planning. https://ctt.ec/8cYaG+ #bestinterest

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Together, the SEC’s Reg BI and the NAIC’s model best interest regulation will ensure consumers have uniform state and federal protections regardless of where in the United States they live. Learn more. https://ctt.ec/8cYaG+ #bestinterest

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As states adopt the NAIC model, America is driving toward a uniform, harmonized best interest standard of care. And America’s consumers will be better off for it. https://ctt.ec/8cYaG+ #bestinterest

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