First Consulting Conference Call September 24, 2014
Iowa Bulletin 14-02


On 9/24/14, First Consulting advertising team members participated in a conference call with two of the staff at the Iowa Department, to help clarify Bulletin 14-02 and ask for suggestions for how the types of ads referenced could be made more compliant. The regulatory staff stated that fixed index annuities are complicated products and may be difficult for consumers to understand. While the Department could not give specific recommendations for language or disclosures, as each case must be taken in context, several points were made and key issues discussed:

In conclusion,

Please contact us if you have any questions.

C. J. Rathbun, FLMI, CCEP, HIA, AIRC
Senior Consultant