March 18, 2024
States to Send New CEO Into Annuity Sales Standards FightThe NAIC has picked Gary Anderson of Massachusetts to lead its staff.
March 11, 2024
Experts Predict Quick OMB Review of Final DOL Fiduciary RuleFinancial professionals offering one-time advice should act in clients' best interest, a CFP Board survey found.
March 09, 2024
Final DOL Fiduciary Rule Lands at OMBReviews by the Office of Management and Budget typically take up to 90 days.
March 01, 2024
Guardian, Advisors Say Unhappy Life Buyers Should Have Read the PoliciesThe defendants reject assertions that they owed a model and a stylist a fiduciary duty.
February 29, 2024
California Governor Signs Annuity Best Interest Sales Rule BillGavin Newsom's support for the NAIC approach could stop the DOL fiduciary definition proposal.
February 26, 2024
Will DOL's Rule Lay an Accidental Fiduciary Trap?The fiduciary rule proposal leaves ambiguity that some say could have a chilling effect on financial guidance.
February 15, 2024
Democrat Pushes for Middle Way at House Fiduciary Rule HearingRep. Donald Norcross, D-N.J., wants policymakers to protect retirement savers' access to good advice.
February 15, 2024
Appeals Court Finds Pru Had Some Fiduciary Duty Over Group LTC Plan RatesThe ruling could affect how the federal courts handle a wide range of ERISA fiduciary rule cases.
January 31, 2024
Allianz Life Responds to Suit Involving Agent Oversight QuestionsThe company asserts that, under California law, an insurer is not a fiduciary for its insured.
January 12, 2024
Why New DOL Fiduciary Rule Is Not a 'Rehash' of 2016Former EBSA head Phyllis Borzi explains how Labor's new rule differs and where it may end up.