What is one expected outcome of proper documentation in assessing annuity suitability?

The expected outcome of proper documentation in assessing annuity suitability is improved product selection accuracy for clients. Thorough and accurate documentation ensures that all relevant client information, financial goals, risk tolerance, and specific needs are carefully considered. This process helps financial professionals to identify the most appropriate annuity products that align with the client's unique situation.

By maintaining comprehensive records, advisors can make informed decisions, track suitability over time, and demonstrate due diligence in their recommendations. This not only enhances the likelihood of better outcomes for the client but also helps to build trust and credibility in the advisor-client relationship. Accurate documentation supports the principle of informed decision-making, which is fundamental to providing suitable financial advice.