Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.

 Skip to Content

Let's Talk Annuities: The Growing Fee-Based Annuity Space
May 17, 2019
Carlton Fields insurance litigator Ed Zaharewicz was quoted in an InsuranceNewsNet article, "Let's Talk Annuities: The Growing Fee-Based Annuity Space," recapping his recent participation in an Insured Retirement Institute ACTION19 insurance panel.
 
The article reviews the panel participants' insights on fee-based annuity products, particularly regarding best interest and suitability regulations from governmental and industry bodies. 
 
Zaharewicz stated that since is no federal standard, states' preemptive regulatory efforts are a “burden to firms with both commission and fee-based products” and “onerous” because of the mismatched regulatory environment enacted. 
 
However, Zaharewicz said that "these regulations will keep the space open to commission products while driving more interest in fee-based products."
 
Read the article.
Featuring
Image: Edmund J. Zaharewicz
Edmund J. Zaharewicz
Related Practices
Life, Annuity, and Retirement Litigation
Related Industries
Securities & Investment Companies