MILWAUKEE – February 7, 2013 – Quest CE, premier provider of insurance continuing education and FINRA firm element training, is proud to announce the approval of its Michigan 4-hour NAIC Annuity Training Course.
Michigan has enacted the NAIC Suitability in Annuity Transactions Model as Public Act 544. This legislation has an effective date of June 1, 2013, and is generally consistent with the requirements of the Model, with the exception of the Model’s provision on compliance mitigation and penalties (Section 8 in the Model), which was omitted from PA 544. It includes the requirement that a producer who sells annuity products must complete a one-time, four-hour annuity training course. Producers who are licensed on or before June 1, 2013 must complete this training within six months (by December 1), while producers who obtain their license after June 1, 2013 must complete the training before they can begin selling annuities.
Since November of 2010, Quest CE has remained the market leader in providing crucial, comprehensive NAIC annuity suitability training, along with a wide array of continuing education courses to fulfill every producer’s industry needs at both state and national levels.
To view Quest CE’s NAIC Annuity Training Platform Click Here (or visit http://learn.questce.com/naicsuitability). For questions regarding the annuities training course or the requirement, please contact Quest CE at 877-593-3366 or e-mail sales@questce.com.
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About Quest CE
For over twenty-five years, Quest CE has been the premier provider of Compliance Education to the financial services industry. In addition to offering Providership Administration and insurance continuing education (CE) for professionals holding insurance licenses and professional designations like the CFP, CPA, CLE, CIMA and CLU/ChFC designations, Quest CE also provides a complete spectrum of FINRA compliance training solutions including annually required Firm Element Training for registered representatives, on-demand Annual Compliance Meetings, Annual Compliance Questionnaires, Needs Analysis Surveys, Outside Business Activity Tracking, Gifts and Entertainment Tracking and Political Contributions Tracking.
Serving more than 535 leading insurance carriers, broker-dealers, banks, and other financial institutions, Quest CE is committed to providing advanced custom solutions at cost effective rates, while providing a level of service that greatly surpasses their competitors. Quest CE is the single source solution for organizations seeking training and compliance needs.
