…policyholders invested in variable annuities, including variable annuities with guaranteed living and death benefit, they purchased an annuity benefit guarantee that provided certain levels of benefits regardless of the performance of the selected investment options for the policy holders? What does it mean?
Paying DFS!
Excuse me – but if you levied the fine because they short-changed policy holders without due notification – why pay the fine to DFS? Why not return some lost gains to the policy holders?
…policyholders invested in variable annuities, including variable annuities with guaranteed living and death benefit, they purchased an annuity benefit guarantee that provided certain levels of benefits regardless of the performance of the selected investment options for the policy holders? What does it mean?
Paying DFS!
Excuse me – but if you levied the fine because they short-changed policy holders without due notification – why pay the fine to DFS? Why not return some lost gains to the policy holders?
I was thinking the same thing as Rob Jones.
The stakeholders deserve the money, not NY DFS!
DFS!