First Things First
These investments are similar to subaccounts, but are traded publicly
What are mutual funds?
This tab in Desktop allows you to see a list of the funds a member is invested in
What is the Fund Information tab?
Having this type of rider on a variable annuity contract can result in restrictions on what funds the member can invest in
What is a lifetime income rider?
This type of fund contains shares of stock of companies with a market capitalization of over $10 billion
What is a Large Cap fund?
What you should do if a caller states that they want to change how their funds are allocated
What is transfer to the Trades queue?
In order to invest in a subaccount, a member must purchase one of these products first
What is a variable annuity (or variable life insurance policy)?
Information on fund performance can be accessed through either of these two portals
What are the member website and financial professional website?
These fact sheets, available on the member or financial professional websites, can provide useful detail on special funds, including strategy, expenses, and a list of holdings
What are Morningstar Reports?
This type of fund invests in loans to companies, organizations, and governments
What is a Bond fund?
This is when new unit values for subaccounts are calculated
What is at the end of each market day?
What is talk to your financial professional?
This useful popup can be accessed through the NEVA menu and provides useful information including who has exchange authorization on a contract, how many trades have been made year-to-date, and whether the contract has an active systematic withdrawal
What is the Exchange Checklist?
This is how long the client has, after one year to the end of the next quarter, to move out of the fixed account
What is 45 days?
This type of fund invests in short-term government bonds and is often referred to as "cash" by members and advisors
What is a Money Market fund?
A change to a fund in which no new money can go into the fund and all the existing money within that fund is moved into a replacement fund
What is a Hard Close?
This party always has the authority to make a trade on a contract
What is the owner?
This tool can be used to access any letters that have been sent to a client in regard to trade restrictions on their contract
What is Views?
These investment features allow access to certain variable funds that would usually not be available with L.inc or L.inc+
What are Custom Portfolio and Custom Choice?
This type of fund invests in many different asset classes and allows the member to choose their level of risk
What is an Asset Allocation fund?
This form should be sent when a client wants to give their financial professional the power to make trades on their behalf
What is the Exchange Authorization form?
This system can be used to send a Fund Performance Report to a member or advisor by email or mail
What is Merrill (Nationwide Literature Portal)?
This tool allows you to look up whether a financial professional's assistant has been granted authority to make trades on the FP's behalf
What is the Power of Attorney app? (KA --> Applications --> TTA/POA or poa.nwie.net)
A client can combine these versions of L.inc+ with the Custom Choice option to invest up to 100% of their contract in stocks
What are L.inc+ Accelerated and L.inc+ Max?
This type of fund combines an asset allocation portfolio with a dynamic overlay
What is a Managed fund?
A change to a fund in which a contract that was issued prior to a certain date will still have access to that fund, but any contract issued after that date will not have access
What is a Wall Off?