- What is the purpose of the Compliance Department? What do they do?
When LifeVantage Consultants talk about the Compliance Department they are usually referring to something to do with the LifeVantage Policies and Procedures. That is because the Compliance Department is responsible for the creation, education, training, auditing, and enforcing of these Policies and Procedures. Section 1 – Purposes of Policies and Procedures, then, while outlining the purposes of this document also details the benefits of having a Compliance Department. It states: “These Policies and Procedures will help provide the following benefits: 1) Protect the rights of all Independent Consultants by providing a framework within which each Independent Consultant may work in an ethical, effective and secure manner; 2) Provide an equal and level playing field of opportunity to all LifeVantage Independent Consultants; 3) Define the contractual relationship between LifeVantage and its Independent Consultants; and, 4) Inform Independent Consultants regarding compliance issues and regulatory requirements LifeVantage requires that all Independent Consultants understand and abide by these Policies and Procedures as we work together in promoting the LifeVantage products and opportunity.”
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