DOL Pushes Insurance Officials on Fiduciary Duty vs. Best Interest
By Melanie WaddellDuring a hearing on Labor's new fiduciary rule, Labor asked insurance industry advocates to explain the difference.
December 21, 2023
Why the DOL Hearings Generated More Heat Than LightMaybe the fiduciary definition proposal weakens the fiduciary concept.
December 13, 2023
Would New DOL Fiduciary Rule Curtail Advice Access? No Way, Consumer Groups TestifyAt a DOL hearing, the Consumer Federation of America called this industry argument "a scare tactic."
December 12, 2023
BD, Insurer Groups Blast Fiduciary Plan at DOL HearingLabor's rule "is overly broad, unnecessary, and inconsistent with existing federal regulations," says a SIFMA lawyer.
December 12, 2023
DOL's Gomez Lays Out Fiduciary Rule's Chief GoalsDOL's two-day public hearing on its new fiduciary plan kicked off Tuesday, with more than 40 groups set to testify.
December 06, 2023
Pacific Life, Agent Face Suit Over $500K Payment That VanishedThe client asserts that bad wiring information caused him to transfer cash to cybercriminals.
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.