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Updated Suitability Process
Effective April 1, 2016, Voya implemented an updated suitability form for all fixed products including the SPIA product.
Suitability review for SPIAs will now more closely align with the current review process for fixed products, and will utilize the same form.
Transition rules:
4/1/2016-5/1/2016 older versions of the suitability form will be acceptable.
As of 5/1 Voya will begin requiring the updated suitability form (#158670) for all fixed products including the SPIA product.
If the updated suitability form is not received, a call will be made for the updated form.