Managing General Agencies – Investment Executive

FSRA takes enforcement action against MGA

jameslangton — Fri, 05 Apr 2024 19:22:55 +0000

Regulator suspends firm and agents amid alleged misconduct

jameslangton — Wed, 22 Nov 2023 18:06:10 +0000

Draft guidance forms part of larger effort to improve industry conduct

michelleschriver — Tue, 14 Nov 2023 20:00:15 +0000

New guidance will target responsibilities of insurers, MGAs, and identify suitability requirements for life agents

jameslangton — Fri, 23 Jun 2023 21:14:21 +0000

FSRA brought similar allegations against the agent earlier this year

jameslangton — Tue, 02 May 2023 18:39:22 +0000

Almost half of high-risk agent reviews found best-practice failures

gregmeckback — Thu, 06 Apr 2023 19:30:29 +0000

Supervision framework “largely based on delegation to upline agents,” regulator alleged

michelleschriver — Thu, 02 Feb 2023 18:21:22 +0000

Protecting independence of advisors was "foremost" in the decision, BridgeForce co-presidents said

gregmeckback — Fri, 20 Jan 2023 17:27:31 +0000

FSRA also reiterated that it wants clients to be protected from seg fund deferred sales charges, regardless of when the funds were purchased

melissa — Thu, 22 Dec 2022 20:34:26 +0000

Greatway must also send its universal life policyholders information to assist them in assessing the policy's appropriateness

gregmeckback — Thu, 27 Oct 2022 15:32:42 +0000

At an annual Advocis event, FSRA raised concern about sales incentives being misaligned with customer needs