FINRA Rule 2821 can impact suitability, sales practices,
and distribution channels. Are you prepared?
FINRA Rule 2821 provides more comprehensive and targeted protection to
investors who buy or exchange deferred variable annuities. What can you
do now to manage FINRA mandates?
Your goal: comply with FINRA Rule 2821 while accelerating sales.
Understand clients’ needs: Fully understand and document their risk
tolerance levels and use this information to create suitable investment
solutions.
Deliver comprehensive advice: Select and compare products, ensure
pre-application information is in “good order” and create illustrations
on-demand so clients can make informed decisions.
Be compliant-ready: Submit applications electronically that are fully
compliant and avoid any potential manual mistakes.
Ensure suitability: Alert the advisor of any suitability
discrepancies or requirements based on the recommended products.
For an innovate solution, set your sights on VisibleChoice™.
VisibleChoice™, an advanced multi-carrier annuity sales platform, is
designed to rapidly compare and illustrate multiple products. It
enhances the user experience, ensures compliance, speeds contract
issuance and helps drive more in-good-order business.
VisibleChoice™ addresses FINRA Rule 2821 through our unique selling
approach
