Friday, May 16, 2008
Mutual of Omaha Announces Single Premium Group Annuity Settlement with Connecticut Attorney General
Mutual of Omaha has reached a settlement with the Connecticut Attorney General regarding the Attorney General’s ongoing investigation into compensation paid to brokers who sold single premium group annuity (SPGA) policies, the company announced today. SPGA policies are purchased by pension plans to provide annuity benefits and account for less than one percent of policies sold by Mutual. The settlement relates to compensation paid to a few brokers who sold Mutual’s SPGA policies between 1999 and 2004.
Mutual of Omaha Announces Single Premium Group Annuity Settlement with Connecticut Attorney General
Source: Business Wire
Mutual of Omaha Announces Single Premium Group Annuity Settlement with Connecticut Attorney General
Source: Business Wire
Permalink posted by armandn @ 10:53 AM 
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