California passed a legislative bill (Assembly Bill 2884) that places certain restrictions on fixed annuity surrender charges – resulting in some products being withdrawn from sale in California, and others offered with lower surrender charges.
Good News! Despite the new restriction, several products will be available beginning 1/1/17 with reduced surrender charges! Plus, commissions are unchanged for products offered after 1/1/17!
Questions? Send an email to firstname.lastname@example.org