ONLINE ANNUITY TRAINING COURSES

ONLINE ANNUITY SUITABILITY TRAINING COURSES

WebCE offers the most complete annuity training catalog for annuity agents and annuity brokers, each designed by industry experts to ensure you have a comprehensive knowledge with the latest industry updates and changes. Firms and agencies can take advantage of corporate annuity training solutions which include discounted rates and can be customized to include other workplace training including insurance CE, Firm Element, AML training, and more.


WebCE's annuity suitability training includes all required courses needed to maintain an annuity certification or annuity license, including our 4-hour annuity training courses. This includes courses covered the NAIC's updated Best Interest standards under its revised 2020 Suitability in Annuity Transactions Model Regulation.


Course Catalog  Corporate Solutions  NAIC Model Regulation State Adoptions

Take annuity training courses online from your own home!

CORPORATE ANNUITY TRAINING SOLUTIONS & CUSTOM PROGRAMS

Your company is unique, and your company training and corporate education programs should be too. At WebCE, we develop custom corporate education solutions uniquely designed to meet your company's needs, including annuity training.


To enhance your company's annuity training program, WebCE also offers completely up-to-date education courses for a variety of license types and designations including courses for insurance agents and producers, financial planners, CPAs, tax preparers, Enrolled Agents, and more. Hundreds of companies make our professional education courses available to their employees through discount programs, voucher programs, or invoiced programs. With our online learning portals, your company's management will also have access to real-time reports, online invitations, renewal reminders, and more.


As a WebCE partner, your company can also save significant amounts of money using our corporate discount programs. On average, our corporate clients save 20% by taking advantage of volume discounts through our invoicing programs or voucher programs.


To learn more about WebCE's corporate annuity training solutions, use the form on the left to contact our corporate sales team, or click the link below to visit our Corporate Sales page.


WebCE Corporate Programs

NAIC ANNUITY SUITABILITY TRAINING, NAIC TRAINING COURSES

In , the National Association of Insurance Commissioners (NAIC) approved an extensive update to its long-standing Suitability in Annuity Transactions Model Regulation. The result is a revised, consumer-focused set of standards and practices that elevate a consumer’s best interest as the core component of any and all annuity recommendations and sales.


The biggest change the model brings about is an upgrade in practice standards and requirements from ensuring the suitability of an annuity recommendation or sale to ensuring that an annuity recommendation or sale meets the consumer’s best interest. While this requirement to the client's best interest is more encompassing than the prior suitability standard, but is not a fiduciary standard.

NAIC MODEL REGULATION STATES

STATE ADOPTIONS OF REVISED SUITABILITY IN ANNUITY TRANSACTIONS MODEL REGULATION

The NAIC's revised Suitability in Annuity Transactions Model Regulation and new Best Interest standard is being adopted on a state-by-state basis, and states are not required to adopt the revision. However, if your state does not adopt the updated model regulation, this may lead to additional annuity training requirements.


The map to the right shows each state's adoption status of the updated model regulation (the “NAIC Model Regulation States”). State's that have been highlighted green on the map have officially adopted the revised Suitability in Annuity Transactions Model Regulation and Best Interest training standard, while the yellow states are considering adopting the new model regulation in the near future.


Map last updated .

 

Map of states adopting Annuity Transactions Model Regulation
 

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CFP® Ethics Course Update: The Most Up-to-Date CFP® CE Courses

by Anne Shropshire, CLU | Apr 13, 2021
CFP ethics course update: the most up-to-date CFP CE courses

For more than three decades, the CERTIFIED FINANCIAL PLANNER certification has been the standard of excellence for financial professionals. As part of CFP® certification, all CFP® professionals commit to the high standards outlined in the Code of Ethics and Standards of Conduct. This, along with the steps CFP Board has taken to enforce the Code and Standards, distinguishes the CFP® certification from other credentials in the financial services industry.

WebCE is excited to announce another new version of our CFP® ethics CE course, Ethics CE: CFP Board's Revised Code and Standards. The CFP® ethics CE course has been periodically updated since the CFP Board’s revised Code of Ethics and Standards of Conduct became effective on October 1, 2019. They formally began enforcing the new Code and Standards on June 30, 2020.

Revised CFP® CE Ethics Course

The content of the updated CFP® ethics course, Ethics CE: CFP Board's Revised Code and Standards, is based on CFP Board’s revised Code of Ethics and Standards of Conduct—simplified as Code and Standards—which became effective on October 1, 2019. The content of the course was written by CFP Board and covers the revised Code and Standards to deliver the two hours of CE ethics study required for all CFP® professionals.

The ethics course consists of six modules, and each module addresses a key course learning objective. Included throughout the presentation are numerous case studies, exercises, and informative videos, all intended to emphasize or clarify core learning points. At the end of the course, students must complete a short final assessment with a passing score of 70% or better. Students have three chances to achieve a passing score. If a student doesn’t pass the course exam after three attempts, they must re-review the course content.

Changes to the Revised Code and Standards

The revised Code and Standards has a new structure and organization, which identifies and defines the duties of a CFP® professional. It also contains substantial changes from the previous Code, including:

  • The requirement to act as a fiduciary when providing financial advice to Clients, which is an expansion of the scope and reach of the duty from its prior application
  • Appropriate ways CFP® professionals should disclose and handle conflicts of interest, which have also been enhanced
  • The duty to report and cooperate with CFP Board to ensure that the high standards of ethics and competency set forth in the Code and Standards are met. This duty has been greatly expanded.

You can read the full Code of Ethics and Standards of Conduct online at the CFP Board website.

CFP® Continuing Education with WebCE

With our course, you’ll get a full explanation of the new rules and practices for CERTIFIED FINANCIAL PLANNER™ certificants, all while completing your required ethics CE for your certification renewal. With WebCE’s convenient, easy-to-use online platform, learning the new CFP® certification standards and completing your CE will be easy and stress-free.

To order courses, visit our course catalog or call 877-488-9308 to speak to a member of our support services team.

CFP® Certification Ethics Course   CFP® Certification CE Catalog