The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
Bothell, WA (PRWEB) March 24, 2014
Vertafore (http://www.vertafore.com), the leading provider of software that transforms the business of insurance, today announced that the Securities & Insurance Licensing Association (SILA, http://www.sila.org), one of the insurance industry's most reliable sources of best practices for licensing and registration compliance, has selected Vertafore to provide summarized regulatory content for its SILA Digest service.
The SILA Digest service is a subscription-based publication for carriers, agencies, securities firms, and continuing education providers that helps them stay apprised of the necessary requirements to remain compliant with regulations throughout the year. SILA selected Vertafore due to their extensive industry expertise which will result in the expansion of regulatory topics and enhance the SILA Digest content.
"SILA is a trusted source for industry knowledge that many insurance and securities businesses rely on to help ensure they can remain compliant and can grow their businesses," said Diana Capes, Executive Vice President of SILA. "In light of this, it is our responsibility to provide current industry information and resources to support our members. Vertafore's decades of experience makes them the best choice to help us deliver important insurance and securities regulatory information. This expertise makes their content easy to understand and will be of great value to our community."
Vertafore will provide summary information for quick reference for SILA members. SILA will host this information on its website for convenient member access.
"Vertafore provides securities and insurance compliance expertise, technology, and information resources to help organizations improve business and compliance efficiency," said Tim Owen, Vice President of Product Management. "SILA provides essential services to its member businesses, so we are excited to be SILA's choice and partner to deliver easy to use regulatory reference materials to their members."
Vertafore enables insurance agencies and carriers to grow their business and provide exceptional customer service through proven technology. With the largest install base in the industry, Vertafore delivers an immediate competitive advantage across the insurance market with leading-edge innovation built on tomorrow's advanced cloud, mobile, and information technology platforms. For more information about Vertafore, please visit http://www.vertafore.com.
Barokas PR for Vertafore
The Securities & Insurance Licensing Association (SILA) is a non-profit, member supported organization dedicated to bringing together licensing experts whose occupations encompass all aspects of insurance licensing and securities registration for the purpose of providing an educational forum through which all members of the insurance licensing and securities registration industries can exchange information, best practices and ideas to resolve issues common to the industry.
Contact: Diana Capes, SILA
Read the full story at http://www.prweb.com/releases/2014/03/prweb11686891.htm