Download “Transforming Compliance Communications from Challenge to Differentiator” to compare current and state-of-the-art approaches, and uncover key considerations for re-engineering your current fulfillment model to help you leapfrog the competition.
Dynamic changes in the financial services industry, such as increased fund options and budget constraints, have added complexity and challenges for VA carriers in meeting their compliance obligations. Current approaches to investor disclosure are costly, not customer-friendly, and may not meet prospectus and regulatory mailing delivery requirements. That can be an unnecessary expense and business risk for VA carriers.
Do You Over Deliver and Overwhelm Your Investors with Too Much Paper?
The “tri-annual” approach can also pose challenges for both the advisors distributing the product and the customers who are trying to better understand their investment purchase. And then there’s the sustainability issue of printing and mailing Big Books with content that is 80-90% irrelevant to the recipient, as well as massive inventory waste. Today’s consumer wants more targeted information and is averse to firms and industries that are not eco-friendly.
Transform Your Compliance Communications from Challenge to Differentiator
If you haven’t already, it’s time to re-think your approach to compliance communications to ensure you’re providing the best possible customer and advisor experience, ensuring regulatory compliance and using the most cost-effective approach. Solutions are available to help achieve dramatic improvements in all of these areas and leapfrog the competition for those firms willing to make the move.
Find out how Broadridge can help – learn more about Intelligent Fulfillment Solutions.