It's going to be a lot easier to bring products to market in the near future. Or is it?

The Interstate Compact National Standards Working Group of the National Association of Insurance Commissioners (NAIC) is expected to adopt national standards for registration of variable annuities and term life insurance. However, although Colorado, Iowa, Utah, Virginia and West Virginia adopted the standards earlier this month, they are not expected to take effect until 2008.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.