
NEWSLETTER
March 2022
Simplicity News

Simplicity acquired California-based Optima Financial & Insurance Services and welcomes Jon Salomon and Greg Olson as Partners.
Simplicity-branded promotional gear is available for purchase for local events and Advisor-gifting by clicking here.
Please note: there are minimum quantities on orders for select items. Should you need a smaller quantity or would like to see additional gear options, please reach out to Denielle Webb.

More than 200 attendees joined Simplicity for our first Advanced Sales Training of 2022, led by Jason Jenkins in Scottsdale on February 24 and 25. Look for our next AST in May 2022.
Upcoming Events
Next 30 Days
March 17
Simplicity Annuity University
*external
March 30 – April 1
Training
*external
Next 60 Days
April 12
Life Premier Carrier Webinar with North American
*external
April 20-21
On The Road in Miami, FL
*external
April 21
Recruiting Webinar
*external
April 26
Recruiting Webinar
*external
April 28
BD Wholesaler Training in Austin, TX
*internal by invitation only
April 29
ADC Summit in Austin, TX
*internal by invitation only
LinkedIn Best Practices for Organic Posting
Posting Do’s
Posting Don’ts
Simplicity’s Social Media Policy is available in the Employee Handbook in Oasis
For more LinkedIn best practices, please reach out to Denielle Webb
Compliance
Two lawsuits were filed against the US Department of Labor regarding the latest Fiduciary Rule 3.0 in February. The Federation of Americans for Consumer Choice, joined by a number of independent insurance agents and agencies, sued in federal court in Texas in the same court that vacated the rule previously. The other lawsuit came from The American Securities Association, which filed in federal court in Florida. Both lawsuits claim the DOL overstepped its bounds with the new rule. The DOL Rule enforcement date started on February 1, 2022. The next key date will be the documentation date on July 1, 2022. At that time, advisors or registered representatives will be required to compare the client’s current plan benefits to the proposed new investment for financial institutions. As of this time, PTE 84-24 is still available as the DOL is still reviewing this exemption for independent insurance agents. There will be more developments as we approach the July 1 documentation date, as this is essentially where the regulation goes fully in effect.