Monthly LRA Update

  • TAX DEVELOPMENTS
    • Treasury Department Report on Tax Treatment of Life Insurance Inside Buildup
    • IRS Private Letter Ruling – Variable Contracts (for Individuals) Satisfy Investor Control Rules
  • REGULATORY DEVELOPMENTS
    • Federal Reserve Board Releases Scenarios for CCAR and Dodd-Frank Stress Tests
    • Executive Order on Core Principles of Financial Regulation
  • JUDICIAL DEVELOPMENTS
    • COI Litigation – Proposed Class Action Against Lincoln National
    • Ongoing BOLI-Related Litigation – Procedural Updates