Annuity suffers again on non-inclusion of intermediaries in new guidelines

Annuity suffers again on non-inclusion of intermediaries in new guidelines

The complete absence of insurance intermediaries in the recently released joint guidelines on annuity by the National Insurance Commission (NAICOM) and the National Pension Commission (PenCom) has again stalled the take-off of the multi-billion naira annuity business that has foot-dragged as a result of regulatory disagreements. The intermediaries, including insurance brokers and agents who play…

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