Designed to educate the consumer on using Indexed Universal Life (IUL) as a retirement strategy, the My New Retirement platform combines prospecting tools, business management tools and the incredible IUL Analyzer which creates a visually compelling interactive presentation that lays out the superior benefits of the IUL strategy in an irrefutable way.
SPENDiD is a fintech solutions company focused on capturing the power of “crowd-wisdom” regarding proven spending and saving behaviors of consumers at all stages of life. SPENDiD, at its core, is a highly complex business intelligence tool offered as a simple REST API. We offer dynamic “Peer Comparison Intelligence,” the missing piece in the financial awareness puzzle. Our data speaks a hidden language, one that unlocks a deeper understanding of consumer behavior and paves the way for a more financially empowered future.
Best Interest requirements have changed the landscape for selling fixed annuities. For the last 15 years, agents have been required to follow a suitability process for selecting products for their clients. However, until now the carrier was ultimately liable for the suitability of the product issued. NOW, the agent is fully liable for the sale and is legally obligated to adhere to best interest standards and duties of care, documentation, disclosure, and conflicts of interest. Add to that the Department of Labors continued goal of “leveling the playing field” by making everyone a fiduciary not to mention the SEC’s expansion of their enforcement of dual-licensed annuity sellers.