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Jackson National Suspends N.Y. Fee-Based Annuity Sales

CHRISTOPHER ROBBINS
September 05, 2019

Jackson National announced that it suspended the sale of fee-based annuities in New York last month due to the implementation of a new fiduciary regulation. At issue is Insurance Regulation 187, which requires that insurers offer consumers a comparison showing the differences between fee- and commissioned-based annuities.

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