LP Preparing for PTE 2020-02

Preparing for PTE 2020-02

The compliance deadline for PTE 2020-02 is around the corner.

InvestorCOM invited wealth compliance leaders to a roundtable event to discuss challenges and strategies for meeting the PTE 2020-02 requirements and predictions surrounding future requirements.

This document captures the key insights from the discussion. 

>> READ THE INSIGHTS NOW

 

What you'll learn

FIRMS' BIGGEST CHALLENGES FOR MEETING COMPLIANCE REQUIREMENTS

Many firms have complex histories of mergers and acquisitions, with data sitting in silos.

WHY ADOPTING MANUAL PROCESSES IS RISKY

Implementing a manual program to tick the project off the "to do" list would be a mistake.

HOW TECHNOLOGY CAN SUPPORT REPS IN MEETING COMPLIANCE

The DOL requires documentation to evidence why a rollover is in the client's best interest. 

WHAT YOUR PEERS ARE DOING TO MEET PTE 2020-02

Wealth leaders are polled on the approaches they are taking and their progress for meeting compliance requirements.

75% of firms will use technology in order to meet the PTE 2020-02 regulatory requirements.


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Insight from InvestorCOM's "Preparing for PTE 2020-02" Roundtable

Download the Roundtable Insights

 

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