American Council of Life Insurers (ACLI) President and CEO Susan Neely and NAIFA-Oklahoma President Whitney Jessee issued the following joint statement on the best interest annuity rule adopted recently by the Oklahoma Insurance Department:
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Oklahoma Becomes 40th State to Adopt Enhanced Protections for Annuity Consumers
Topics: Press Release NAIC Model Regulation Annuity Best Interest Oklahoma
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NAIFA Urges Oklahoma Senate to Reject State-run Retirement Plan
NAIFA strongly supports efforts to encourage and incentivize workers’ participation in employer-provided retirement plans available on the private market. Private-sector plans offered by employers provide many design features that help workers plan for secure retirements. A qualified financial professional, such as a NAIFA member, can help workers with individual retirement-planning solutions and assist employers in establishing workplace plans.
