Canadian Insurance Regulators Publish National Consolidated Segregated Funds Guidance
The Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) have published Segregated Funds Guidance that sets out expectations for insurers and intermediaries relating to the design, sale and servicing of individual variable insurance contracts (IVICs). “This is an important milestone that demonstrates our collective commitment to protect consumers and […]