All Press Releases for October 05, 2007

FINRA Mandates Training on Deferred Variable Annuities

The Financial Industry Regulatory Authority (FINRA) has mandated that all companies that sell Deferred Variable Annuities have a training program in place by March 2008.

    /24-7PressRelease/ - BROOKFIELD, WI, October 05, 2007 - Quest CE's Deferred Variable Annuity Training Program offers a quick and cost-effective solution for companies that are required to meet the Financial Industry Regulatory Authority (FINRA) Rule 2821 training requirements.

FINRA's new Variable Annuity Rule requires that financial institutions train their registered representatives on deferred variable annuities. Rule 2821 requires organizations and agents to understand the requirements of the new rule and establish a schedule for compliance training. They must also have a record-keeping system in place.

Developed by industry experts, Quest CE's Deferred Variable Annuity Training Program allows supervisors and registered representatives to complete the training module online at their convenience. Once a student successfully completes a course, they may print a certificate of completion for their records. Additionally, student progress and completions can be monitored by compliance administrators online, and all records are maintained through Quest CE's online record-keeping solution.

Quest CE's Deferred Variable Annuity Training Program was designed to help financial professionals understand the suitability issues that affect the sale or exchange of deferred variable annuities.

With Quest CE's two training modules, one for supervisors and one for producers, companies can ensure compliance with FINRA Rule 2821.

To learn more about Quest CE's Deferred Variable Annuity Training Program, go to or call 877.593.3366.

About Quest Continuing Education Solutions
Over the past 20-plus years, Quest Continuing Education Solutions has built a reputation as being the premier provider of value-added continuing education (CE) and other marketing solutions to help financial institutions increase awareness and sales of their products. We specialize in offering:

- Insurance (Life/Health/Variable/Property/Casualty)
Continuing Education (CE)
- Designation Continuing Education (CE)
- Firm Element Training
- Anti-Money Laundering (AML) Training
- Bank Training
- Credit Union Training

To learn more about any of our services, contact us at [email protected] or by calling 877.593.3366.

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Contact Information

Michael Halvorsen
Quest CE Solutions
Brookfield, WI
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