Annuity Buzz

Please review this recent compliance alert.
North Dakota: House Bill 1160, Suitability of Individual Annuity Sales Recommendations

Please review this recent compliance alert.
Mississippi: Rule 19-2: 18.01+, Suitability of Individual Annuity Sales Recommendations

Next year, we’ll be bringing you products for new markets and sharpening our technology to make doing business with us even easier. Thank you for helping us make this a great year. We look forward to an even more successful 2022.

Rich Lane, Vice President of Sales and Marketing, Individual Annuities

Each year, employees at The Standard give to causes, volunteer their time and help their communities in other ways. In the spirit of the giving season, learn more about how we are making a difference.

We’ve updated our Request to Initiate/Change EFT of Annuity Payment form 11426. You’ll see new options to accommodate financial institutions and accept supporting documentation.

It’s time for our annual reminder that we’ll be mailing required minimum distribution notifications by the end of January. We’ll notify owners of qualified deferred annuity contracts who will turn 72 in 2022 or are already of RMD age.

The USPS recently changed their delivery service standards for First-Class Mail and Periodicals. Transit times have changed from all addresses having 1-3 delivery days, to being based on distance between origin and destination with a maximum of 5 delivery days.

Congratulations to Alexia Holt of The Standard for winning NAFA’s 2021 Next-Gen Annuity Leadership Award. The award honors individuals for helping promote the need for a secure retirement.

The 2021 holiday season is quickly approaching. To meet your clients’ service expectations during this busy time, please put some important dates in your calendar.

Using the most current forms helps streamline the application process and prevents delays. Your best move is to download forms from standard.com.