This is the first of a two part program (second session is on Dec. 11th) that meets the requirements of the NAIC Suitability and Best Interest training requirements. The program is approved for four state insurance credits in the following states: AL, AR, AZ, CO, GA, IA, ID, KS, LA, MA, MD, MS, MT, NC, NE, NH, NJ, OR, PA, TX, VA, WI, WV. Approval is pending with the CFP Board.
This first session features annuity expert Scott Stolz providing a comprehensive review of the SEC's Best Interest Regulation and NAIC Annuity Suitability Model and, most importantly, how to comply when recommending annuities. Scott will also provide guidance on 1035 exchanges and factors to consider when recommending an annuity as part of an IRA or 401(k) rollover. Scott will then review the role of an annuity in a client's portfolio. This will include an in-depth review of fixed and indexed annuities, with insights on which is best suited based on a client's profile.
Attendees Comments:
"An improved understanding of the investment advisor and consumer issues related to annuities.
An improved understanding of annuities."
- Mark Z.
Excellent review. The owner/annuitant driven contracts was informative
- Dennis B.
Fixed indexed annuities might be most appropriate for someone who is scared of the stock market but would like to benefit from upside in the market.
- Rick F.
Good reminder to view all pros and cons of any annuity product being recommended to a client.
- Holly E.
"An improved understanding of the investment advisor and consumer issues related to annuities.
An improved understanding of annuities."
- Mark Z.
Excellent review. The owner/annuitant driven contracts was informative
- Dennis B.
Fixed indexed annuities might be most appropriate for someone who is scared of the stock market but would like to benefit from upside in the market.
- Rick F.
Good reminder to view all pros and cons of any annuity product being recommended to a client.
- Holly E.