Robert Jamieson presented a webinar to Financial Services Institute members on September 3rd titled “Spotlight on Variable Annuity L Shares.” In its 2015 Examination Priorities Letter, FINRA informed its members that it will focus on sales practices related to the recommendation of variable annuity L shares. The webinar reviewed the characteristics of variable annuity L shares, factors in determining their suitability, considerations for enhancing disclosure to customers, supervisory oversight, and trends in L share related examinations. Read the PowerPoint presentation here.
More information about Mr. Jamieson is available at: Robert Jamieson. Guerra & Partners is a proud sponsor of the Financial Services Institute.