Friday, April 11, 2008
Compliance Hassles Outweigh Incentives to Sell Equity Products
Over the past two years, almost one third of independent producers surveyed have dropped their Series 6 license, according to a recent study by LIMRA International.
“The report underscores the problems associated with today's complex compliance requirements,” said Robert Kerzner, president and CEO of LIMRA, LOMA and LL Global. “Producers are overwhelmed by the compliance function yet all of the complexity is not giving clients a better understanding of the products they are buying and we are continuing to lose qualified producers.”
Compliance Hassles Outweigh Incentives to Sell Equity Products
Source: Insurance News Net
“The report underscores the problems associated with today's complex compliance requirements,” said Robert Kerzner, president and CEO of LIMRA, LOMA and LL Global. “Producers are overwhelmed by the compliance function yet all of the complexity is not giving clients a better understanding of the products they are buying and we are continuing to lose qualified producers.”
Compliance Hassles Outweigh Incentives to Sell Equity Products
Source: Insurance News Net
Permalink posted by armandn @ 7:23 AM 
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