DOL Fiduciary News: July 7, 2016

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Q&A: With MetLife adviser reinforcements, MassMutual prepares for DOL rule

SNL.com; Wednesday, July 06, 2016 11:48 AM ET

With the closing of its deal for MetLife Inc.'s distribution business, Massachusetts Mutual Life Insurance Co.'s financial adviser force now boasts more than 9,000 individuals.

John Vaccaro, senior vice president and head of MassMutual Financial Network, discussed how the Department of Labor's fiduciary rule for retirement advice affects the transaction and whether more M&A in the advice space is on the horizon for MassMutual.
(http://www.snl.com)