NAVA Inc., the association for insured retirement solutions, announced the appointment of Rick Heil, CLU, CHFC as director of standards. In his new role, Heil will be responsible for the strategy and development NAVA’s straight-through processing standards (NAVA STP) message standards. NAVA STP is an industry-backed initiative establishing an automated standardized process that streamlines the sale of annuities, the association says.
“We are pleased to have Rick, a renowned expert in his field, join the NAVA team,” says Cathy Weatherford, NAVA president and CEO. “Rick will be a valuable asset to NAVA in his role on NAVA STP, which is central to our new mission to promote consumer confidence in the value and viability of insured retirement solutions.”
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