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Insurance Group Drops DOL Rollover Advice Suit
News April 27, 2026 at 01:42 PM
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What You Need To Know
- A group representing independent insurance agents has dropped its lawsuit against Labor on fiduciary advice regarding rollovers.
- The interpretive guidance to which FACC took issue was rendered moot when the DOL vacated related rules in March.
- "It may seem anti-climactic but we really see this as a red-letter moment," FACC CEO Kim O'Brien says.
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