What is the Annuities button for, and why isn there any information under it?
The Annuities section allows a representative to link a clients outside-held variable annuity (VA) account to his or her brokerage account for the purpose of reporting fund balances within the annuity on both the client statement (monthly paper copy) and through ACCESS and 4myaccount!. Currently, eleven variable annuity companies participate in the posting program (i.e. feed National Financial information), which encompasses about 70 percent of Commonwealths VA business. No information will be shown until that clients brokerage account has been linked to a variable annuity account. For a representative to link a clients VA account to a brokerage account, the registration must match between the two accounts (i.e., same name and address). The representative must fill out an online form (which can be found on COMMunity Link under Planning/Annuities) to provide us with the client name and the two account numbers to be linked.
