NAIFA Gov Alert - Fiduciary Rule

Advocacy

[QUOTE]Action Is Urgently Needed: The Department of Labor (DOL) needs to hear from you TODAY about your clients’ right to continue to work with you.

The DOL recently proposed a controversial regulation that would dramatically expand who is considered a fiduciary when advising retirement savers. The rule is complicated, confusing and will be costly to implement. Most importantly, the rule, if enacted as written, will dramatically reduce access to education and professional advice, and will both increase costs
Source of insurance-forums.net

Comments