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New Jersey Becomes 50th State to Adopt Annuity Best-Interest Sales Standard
By
Allison Bell
News April 22, 2025 at 02:02 PM
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What You Need To Know
- The standard seems to let traditional annuity sales commission programs stay in place.
- Two insurance groups say it will help consumers get guidance on income planning products from professionals they can trust.
- In May 2020, Iowa became the first state to adopt a suitability model update.
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