DOL Fiduciary News: May 17, 2016
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DOL Rule Will Be ‘Manageable,’ Insurance Execs Say
InsuranceNewsNet; May 16, 2016
The Department of Labor (DOL) fiduciary rule will be “manageable” for the purposes of life insurers' bottom lines. That's the operating phrase from a host of life insurance company executives over the past several weeks.
(https://insurancenewsnet.com)
Fiduciary leaders want new tool to screen advisers
Financial Planning; May 16 2016, 5:03pm EDT
A bill of rights for investors, proposed by the nonprofit Institute for the Fiduciary Standard, has some powerful friends.
(http://www.financial-planning.com)
How advisors can pass the Mom Test under DOL fiduciary rule
LifeHealthPro.com; May 16, 2016
In its simplest terms, the Department of Labor’s fiduciary rule is really all about “the Mom Test,” says Rob Foregger.
(http://www.benefitspro.com)
Advisors: DOL Rule Black and White with a Streak of Gray
InsuranceNewsNet; May 16, 2016
Financial advisors attending The Financial Planning Association of New York’s spring forum view the new Department of Labor's new fiduciary rule as aligned with what they are already doing.
(https://insurancenewsnet.com)