In preparation of the launch of its first fixed index annuity product, Primerica Inc. is educating its employees — all 82,000 of them — about the complexities of the product. About 15,000 staff members are Series 6 and 63 certified, meaning they understand mutual funds and variable annuities, including their regulation and suitability standards. The remaining reps will require thorough training on the heightened state suitability standards around indexed annuities. The effort will include the use of roadshows and in-person training in conjunction with Lincoln Financial Distributors Inc, who is partnering with Primerica on the product.
MassMutual's Haven Life unit developed the product.
The NAIC says it has a chance to get a U.S. alternative approved. The FIO says ICS Version 2.0 is too poor a fit.
Witnesses challenged House Ways and Means members to think harder about how to pay for long-term care.
Sponsored by SmartAsset
Cut through the noise and avoid common blunders many FAs make when trying to lure in new clients.
Sponsored by Orion Portfolio Solutions
Outsourcing investment management could be the answer to saving advisors time, improving their client experience, and helping them stand out in a crowded industry. So why are some advisors still reluctant to let go of those tedious day-to-day tasks?
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.