United States:
SEC Issues Investor Bulletin On Variable Life Insurance
09 November 2018
Cadwalader, Wickersham & Taft LLP
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The SEC Office of Investor Education and Advocacy
("OIEA") described the risks and benefits of variable
life insurance. In a new Investor Bulletin, the OIEA also provided
information on fees and expenses, insurance options and links to
additional resources.
The new Investor Bulletin was issued a few days after the SEC
proposed rules and form amendments to improve disclosures to
investors in variable annuities and variable life insurance
contracts.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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