Description
This course discusses the design, function, benefits, limitations and role of variable annuities, focusing on the needs addressed by variable annuities. It discusses many investment options and techniques offered by variable annuities, and the importance of a client's liquidity needs, risk tolerance and investment timeline to ensure product suitability.
Learning Objectives
Upon completion of this course, you should: Have a solid understanding of the variable annuity product; Know how these products can support the need for both asset accumulation and distribution; Be familiar with the living benefit provisions that are designed for variable annuities; Understand the product’s limitations and restrictions; Recognize the needs and circumstances for which variable annuities are appropriate; Be able to assist a client in the appropriate allocation of variable annuity funds, based on the client’s risk profile and investment objectives; Understand the issues that surround the concerns about variable annuity recommendations and placements; and Know how to determine when a variable annuity may – and may not – be a suitable product recommendation