Improved process, year-end deadlines and other important news!

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Make your Athene production count for 2023

Don’t forget! Year-end is just around the corner. Stay on track to help meet and exceed your annual production goals by downloading a helpful summary of important dates, including processing deadlines, holiday closures and commission payment schedules.

Producer authorized contract changes are here!

We’re pleased to introduce a new process that allows clients to authorize certain producers and support staff to make specific contract changes on their behalf.* Producer-authorized transactions include: 

  • Strategy changes
  • Lock-In requests
  • Income Rider extensions
  • And more!

Client consent is required prior to initiating transactions. To help you better understand this new process, we’ve created a Producer Authorization FAQ (24368).  

*Authorization must be pre-approved by your organization. Contracts owned by non-person entities are not eligible. 

Athene Connect Corner

Athene’s producer portal, Athene Connect, is your one-stop shop for information and resources to help grow and manage your Athene business. 

Important update … 

Staff audits begin in 2024

To help ensure data security, we’ll require annual staff audits beginning in 2024. You’ll receive an email notification and portal prompt 30 days prior to your audit deadline. If no action is taken within 30 days, your delegated staff will lose access to Athene Connect.

Not an Athene Connect user? Sign up today!

For tips on making the most of your Connect experience, download our Athene Connect Guide (23034) which includes step-by-step video tutorials.

Minnesota Financial Planner Disclosure Form

Minnesota Administrative Rule 2790.0550 states that no producer may represent themselves as a financial planner unless they provide written disclosure to their client. To help you to comply with this rule, we’ve provided a Minnesota Financial Planner Disclosure form (25184, Ver. 08/21), available on Athene Connect.

Prohibited actions: Twisting and Churning 

Athene routinely monitors replacement transactions for evidence of twisting or churning. To help you avoid engaging in these two prohibited actions, we’ve put together a short summary of what they mean and what you need to consider when replacing a life policy or annuity contract.

Stay alert with Athene’s Financial Crime Programs

Our goal is to provide valuable information on an ongoing basis that can help in your efforts to prevent, detect and combat financial crime. These resources can help you understand your obligations.
 

Anti-Fraud: 

During the holidays, scammers often target vulnerable seniors who may be online shopping for gifts, booking holiday travel, looking for seasonal work or trying to donate to charities. Learn more about common fraud scams and how to report concerns.
 

Anti-Money Laundering (AML):

Don’t forget, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) issued their Final Rule for the Implementation of the Corporate Transparency Act (CTA). This rule will take effect on January 1, 2024. Find out what this new rule entails and what it means to you.

We’re here to help! If you suspect a financial crime, please contact us for assistance:

Thank you for your business. At Athene, we create opportunities to do more with competitive annuity solutions for accumulation, income, protection and legacy.