E*Assist Offers Variable Annuity Comparison Tools
May 26, 2008
E*Assist has launched two complimentary online calculators that will allow registered representatives to compare the profitability of variable annuity products and analyze the outcome of a 1035 exchange.
One calculator enables brokers to compare the financial benefits of two competing deferred variable annuities. The other performs a cost-benefit analysis of an exchange from one variable annuity to another.
The calculators consider all the factors required by Rule 2821, including annual returns, exit fees, administrative fees, surrender charges, mortality and expense risk charges, inflation, investor age and retirement horizon to deliver their analyses.
E*Assist, which provides business growth and compliance management solutions for the financial advisor community, announced the new calculators on May 21 at SIFMA’s Fourth Annual Independent Firm Conference in Chicago. The calculators can be accessed at http://www.eassistllc.com/free_calculators.html.
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