A certified annuity specialist (CAS) is a certification indicating expertise in fixed-rate and variable annuities. Individuals with the CAS designation offer clients expert advice in regard to investment opportunities in annuities, which provide a stream of income to those who are nearing or in retirement.
Keeping this in view, what is a Certified Income Specialist?
The CIS™ designation expands your range of services to include proven and emerging income-oriented investment options and related fiduciary responsibilities. With CIS™ knowledge and strategies, you can offer specialized guidance on. retirement planning. cash reserves and FDIC coverage.
Similarly one may ask, how do you become a certified fund specialist?
To become a certified fund specialist, students must pass three proctored online exams and complete a case study. Before taking the final exam, candidates need to have either a bachelor’s degree or 2,000 hours of related work experience in the financial services industry.
What is a CAS certification?
A Certificate of Advanced Study (CAS), also called an “Advanced Certificate” (AC), Certificate of Advanced Graduate Study (CAGS), or a Certificate of Advanced Professional Studies (CAPS), is a post-Master’s academic certificate designed for professional and non traditional students, as well as practitioners who seek a …
What is Specialist designation?
The specialist designation (SD) in insolvency is an accreditation reserved for experts in the field. Only CPAs who can demonstrate to the Institute that they have sufficient experience, as well as industry-leading technical and practical skills, are awarded this prestigious designation.
What is CIS designation?
What is CIS? The Certified Incentive Specialist designation is awarded to you upon successful completion of an online exam. … Workshop content includes how incentive programs are designed, what motivates people to achieve greater levels of performance and the positive impact of incentive travel and business results.
What are the disadvantages of an annuity?
The Disadvantages of Annuities
- Misleading High Yield Rates. One such trap is an initial teaser rate that promises a high-yield rate, when that rate only lasts for a year or so. …
- Fees and Penalties. …
- Early Withdrawal Fees. …
- Difficulty of Passing On.
Who should not buy an annuity?
You should not buy an annuity if Social Security or pension benefits cover all of your regular expenses, you’re in below average health, or you are seeking high risk in your investments.
What does Suze Orman say about annuities?
In her 2001 book, “The Road to Wealth,” Suze Orman tells readers that “if you don’t want to take risk but still want to play the stock market, a good index annuity might be right for you.” “In my world, annuities really sell for four things and the acronym is PILL.