Solving the SPIA compensation puzzle By Editor Test Tue, May 3, 2011 SHARE ON: TwitterFacebookLinkedIn By re-valuing each client's annuity contract each day, New York Life enables advisors to charge a fee based on the (shrinking) cost of replacing the income stream. TO READ THIS ARTICLE, PLEASE SIGN IN OR SUBSCRIBE Not Yet a Member? What's Included? Subscribe Now! $249.00 per year(recurring) - or - $25.00 per month(recurring) Username or Email Address Password Remember Me Lost Password? Reset here.