Suitability / Compliance Archives - Page 3 of 4 - Creative Edge

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?   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

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

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

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

The following product updates apply to any Prosperity Elite® series and Safe Income Plus® applications that are not funded and in good order prior to January 29, 2015. Prosperity Elite 7* • Enhancement package The charge for the Guaranteed Minimum Death Benefit (GMDB) rider will change to 50 bps • Protection package The charge for… Read More

American General is continually analyzing the market to offer clients products that help them protect and plan for their retirement. Recent drops in interest rates have an impact on those decisions. The following changes will go into effect January 5, 2015: New graduating Maximum Annual Withdrawal Amount (MAWA) structure, including Age Bands starting at 55… Read More

Exciting new index interest crediting strategy AVAILABLE DECEMBER 1, 2014 for the Power Select Plus Income℠ and Power Select Builder℠ Index Annuities – don’t forget to complete your NAIC product training. If you have not had the chance to complete the new Power Select Plus Income℠ and Power Select Builder℠ index annuities NAIC training requirement… Read More

During the month of June, numerous trade associations will provide educational material, webcasts and social media communications to help educate financial professionals and the public on the important role annuity products play in helping Americans save for retirement as part of a secure retirement savings plan. An array of educational resources and awareness tools will… Read More

Continuing education is a critical part of a producer’s practice and a great way to maximize your potential. It is also important to communicate your credentials to clients and prospects through the use of professional designations. But not all industry education programs are created equal. While many of the well-known designations (CLU, CFP, ChFC, REBC)… Read More