Suitability / Compliance Archives - Page 2 of 3 - Creative Edge

CreativeOne: Your Resource for Proposed DOL Fiduciary Changes

Since CreativeOne’s inception in 1984, we’ve been at the forefront fighting amendments that could potentially impact our industry in order to better serve you. Back in 2008, CreativeOne partner Mike Tripses served on the board for the National Association of Fixed Annuities (NAFA) and was a leader against the SEC’s proposed Rule 151A, known as… Read More

6 Common Compliance Questions Answered

Vital to your business, yet painstakingly time-consuming and complex, compliance is an essential function of your business. While it can seem like being compliant is an inefficient use of your time and gets in the way of “real work,” it is actually one of the most important safeguards for your company. To help you understand… Read More

ChangePath: Your Total Solution Has Arrived

If you’re a wealth management firm looking to integrate insurance within your practice, ChangePath is the solution you’ve been waiting for. As a turnkey asset management platform (TAMP), ChangePath provides a unified managed household approach that illustrates the overall impact of fixed indexed annuities (FIAs) into the Modern Portfolio Theory. Utilizing ChangePath will help grow… Read More

Changes and Opportunities with DOL’s Proposed Fiduciary Duty Rule

During the recent National Association for Fixed Annuities (NAFA) Annuity Distribution Summit in Coral Gables, Florida, I, along with CreativeOne president Mike Tripses, engaged with other industry leaders in our continued efforts to fight against the Department of Labor (DOL) rule given its potentially devastating impact to the $20-trillion, qualified money market. NAFA Executive Director… Read More

Insight into the DOL’s Proposed Fiduciary Changes

What is the Department of Labor’s Proposed So-Called Fiduciary Rule? The 1972 Employee Retirement Income Security Act (ERISA) is a law governing employer and other pension plans. A U.S. Regulatory agency, the Department of Labor (DOL), was charged with implementing its requirements, including the conduct of those persons distributing and administering those plans. A high… Read More

Department of Labor Proposes Big Fiduciary Changes

As you likely know, the hot issue in the industry right now is the proposal by the Department of Labor (DOL) to change and revamp the definition of “fiduciary” with the intention of protecting investors from conflicting investment advice and imposing a uniform standard. The definition would make all advisors, including insurance agents, fiduciaries and… Read More

Webinar: How Will the DOL Fiduciary Proposal Impact You?

Webinar: How will the DOL fiduciary proposal impact you?   Wednesday, August 19, 2015 10:30 a.m. CDT 8:30 a.m. PDT | 9:30 a.m. MDT | 11:30 a.m. EDT   The proposal is supposedly helping the clients; however, the DOL proposal is probably going to do just the opposite. Join Executive Director of the National Association… Read More

FIAs: Fact or Fiction

Fact or Fiction? The Truth about FIAs As we forge full speed ahead in 2015, clients continue to look for workable strategies to bridge their retirement gaps and protect their financial futures. With the simplicity of self-education using the Internet, newspapers, magazines and word-of-mouth suggestions from friends and colleagues, clients may think they know the… Read More

Athene Benefit 10 Available in MN, IL and CT

The Athene Benefit 10SM fixed indexed annuity is now available in Minnesota, Illinois and Connecticut. Product Features: 10-year surrender charge period Enhanced Benefits Rider included (with an annual Rider Charge) All rider benefits calculated from a single Benefit Base 8% Benefit Base Rate for contract years 1-10 (simple interest credited on each Contract Anniversary)1 Premium… Read More

NAFA principles for use of professional designations

Document Purpose Statement NAFA fully supports producers’ continuing education efforts as this commitment benefits your clients, the companies with whom you do business and the industry. NAFA also enthusiastically supports producers’ pursuit of professional designations to further their professional abilities and knowledge. However, in recent years, the number of designations that are used by individuals and… Read More