Tuesday Tips – October 10th, 2017
National Western Bonus Extension
National Western has announced an extension of their 1% commission bonus. The bonus will now apply to all annuities submitted through November 15th and issued by December 29th. Call today for additional details.
North American Underwriting
North American has announced several enhancements to their underwriting guidelines. This includes the elimination of an ekg at various ages and face amounts as well as an increase in the minimum face amount that requires a paramed exam. Call today for additional details.
Retirement Plan Comparison
There are a variety of retirement plans available to consumers. Because of this it can be hard for a consumer to determine what options make the most sense for them. Available for download is a comprehensive guide that compares the various retirement plan options that are available and discusses the pros and cons of each.
SEC Drafting Own Fiduciary Rule
Jay Clayton, chairman of the SEC, has announced they are in the process of developing their own fiduciary rule. While the next step would be a rule proposal Mr. Clayton declined to give a timeline for when that would be forthcoming.
Symetra Accumulator IUL
Symetra has introduced a new accumulation product to their portfolio. The new IUL is designed for income distribution and offers 3 indexes along with a guaranteed 15% persistency bonus starting in year 11. Call today for additional details.