New sales of AGI II contracts halted, contributions to existing contracts capped
CCIR paper recommends insurers clearly outline a requirement of agent supervision in their contracts with MGAs
New sales of SunWise Essential seg fund series will still be available through Sun Life advisors
As the low interest-rate environment puts the squeeze on insurers, policy options such as return of premium and guarantees have been reduced or eliminated. That means advisors have to find new ways to meet the needs of their clients
FSCO to examine how life agents make client recommendations
Income payout percentage on Manulife Pension Builder to be reduced