BD, Insurer Groups Blast Fiduciary Plan at DOL Hearing
By Melanie WaddellLabor's rule "is overly broad, unnecessary, and inconsistent with existing federal regulations," says a SIFMA lawyer.
December 05, 2023
Andrew Mais to Lead State Insurance Regulators Into Fiduciary Rule ArenaJon Godfread, believed to be the world's tallest politician, will be backing up the insurance commissioners' 2024 president.
November 30, 2023
How Life Insurance Policy Reviews Trip Up Fiduciary AdvisorsThe potential liability for financial professionals who fail to meet their duties of due diligence can be significant.
November 30, 2023
Consumer Reps Ask States to Change Annuities' FacesAdvocates Birny Birnbaum and Brenda Cude say product illustrations make hypothetical returns look too pretty.
November 28, 2023
Equitable, Consultant Sued Over Rollover Into an AnnuityA retiree says he was led to believe, incorrectly, that he would get a minimum income guarantee.
November 27, 2023
New DOL Fiduciary Rule Could Rein In Use of Advisor-Like TitlesTitles like "financial planner" and "wealth manager" may convey a relationship of trust, the department says.
November 20, 2023
Debate: Will the New DOL Fiduciary Rule Hurt Retirement Investors?Two professors disagree on the extent to which advisors would limit their counsel should these protections be enacted.
November 15, 2023
House Passes Amendments Killing DOL Fiduciary RuleThe amendments are attached to a spending bill that's up for debate Wednesday.