Dreaming of a Way to Improve Annuity Compliance?

Dreaming of a Way to Improve Annuity Compliance?

Created for chief compliance officers to share with their senior executives and annuity operations contacts regarding the compliance advantages of an electronic annuity order entry system.

How can firms and chief compliance officers address the challenges involved in annuity sales? This article highlights the compliance value of annuity order entry technology. A rules-driven online order entry experience for advisors involving the broker-dealer provides many advantages including:

  • Guiding advisors in submitting annuity sales in good order
  • Capturing and keeping the details related to the sale
  • Monitoring suitability
  • Tracking the source of funds
  • Providing a date and time-stamped, retrievable audit trail

Audience: Broker-Dealers