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Fee Savings From DOL Fiduciary Rule Could Top $55B: Morningstar
Analysis May 08, 2024 at 02:26 PM
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What You Need To Know
- Participants in small plans will likely feel most of the impact, according to a Morningstar report.
- Fixed indexed annuity buyers could save another $32 billion as insurance companies reduce commissions.
- Legal challenges could delay or derail the projected savings.
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