While the timetable for 2821 sales approval of variable annuities is still being debated, one issue is clear. FINRA is determined to tighten up the approval process.

[STOP THE PRESSES: Click here to read E*Assist's comment to SEC on FINRA's proposed changes to Rule 2821(c)]

E*Assist's platform fully automates the variable annuity sales and approval process, including:

• Calculators to help the rep measure and select the most suitable product for a specific client
• Sales applications linked directly to the specific client's master record, which ensures a watertight audit trail
• One click automatic completion of the application form, which helps reduce errors and omissions
• Check tracking of all monies received
• Automatic submission of proposed application to compliance team (non-email based)
• Immediate compliance team access to all aspects of the proposed sale, including client data, application form, signed client attestation and calculator results

This allows the compliance team to quickly review and approve a proposed sale without delay.

Read our latest 2821 brochure....