|
Friday, November 20, 2009
|
|
|
|
|
|
New VA requirements for Raymond James
Raymond James Financial Inc. has created new requirements for the variable annuities the firm's nearly 5,000 employee and independent-contractor registered representatives sell, the company announced today.
The new plan for variable annuities is designed to lower policy fees, create consistent commissions and reduce confusion, according to a statement from the St. Petersburg, Fla. firm. If a variable annuity company does not meet those requirements, Raymond James will no longer sell those annuities through its advisers and brokers, the firm said. The plan was first announced without detail last summer at the annual meeting of Raymond James Financial Services Inc.
Recommend this article?
User Comments
Reproductions and distribution of the above news story are strictly prohibited. To order reprints and/or request permission to use the article in full or partial format please contact our Reprint Sales Manager at (732) 723-0569.
|
 |
|
|
Inside InvestmentNews.com Featured Conference Attend this FREE conference from your own desk, and listen to more than a dozen experts and executives from some of the top ETF providers and research firms lead a mix of discussions on the most critical ETF issues.
Featured Links Dec. 8, 4-5 pm. Ask questions about the outlook for equity and fixed income markets, and what advisers should be doing now for their clients.
Post your job requirements in the InvestmentNews Career Connection and find the best talent for your advisory firm.
Latest News
Most Popular
|
|
|
|
|
|
Fund Data Provided by
|
Markets Data Provided by
|
 |
 |