Final DOL Agent Fiduciary Exemption Covers More Comp Types
By Allison BellIt also exempts more activities, but conflicts with Reg BI could hurt, legal analysts warn.
April 30, 2024
Sen. Warren Asks Insurers About Life and Annuity Sales IncentivesThe Massachusetts Democrat sent letters questioning the use of cash bonuses, incentive travel and other perks.
April 26, 2024
DOL Gets an 'F' on Addressing Fiduciary Rule ConcernsOne would have thought that Labor would at least have made changes reflecting the views of congressional Democrats.
April 25, 2024
DOL Fiduciary Rule Add-On Could Boost Annuity Distributors' CloutOfficials want them to help agents and brokers provide conflict-free advice.
April 25, 2024
Industry Players Weigh In on the DOL's New Fiduciary DefinitionAnnuity distribution veterans, regulation backers and harsh critics look at what comes next.
April 24, 2024
Fiduciary Rule Regs May Cut $5,000 in Annual Fees per Annuity Pro: DOLOfficials estimate the industrywide revenue loss could be as much as $530 million per year.
April 23, 2024
DOL Changes Fiduciary Rule Advice Definition ScopeThe new "investment advice fiduciary" definition excludes sales pitches and investment education.
April 22, 2024
DOL to Release Final Fiduciary Rule Tuesday: ReportActing Labor Secretary Julie Su is set to announce the final regulation at 5 p.m., says the American Retirement Association.