The Impartial Conduct Standards in the Department of Labor fiduciary rules have caused some confusion. Our Kim O’Brien is here to sort it all out.
The Duty of Diligence contained in the Department of Labor fiduciary rule will require advisors to employ a standardized, systematic and repeatable process when issuing advice, our Kim O’Brien says.
The ‘duty of care’ is just one of the fiduciary duties required by the DOL Rule, which takes effect Friday. Our Kim O’Brien explains how the duty of care impacts the financial advice advisors give.
Can the insurance-only agent not only survive but prosper under the Department of Labor fiduciary rule? Our Kim O’Brien says yes. She explains how in the first of a four-part series.
Annuities are the perfect compliment to Social Security to provide Americans with income that cannot outlive, notes our Kim O’Brien. So why in the Department of Labor trying to squash the products?
Access to advisors is normally cost-effective and crucial for those saving for retirement, our Kim O’Brien says. But the DOL fiduciary rule threatens to change that.
Committing to a client-first advisory means meticulous records, strong cyber-security and making sure the client fully understands the investment decisions you are proposing. Our Kim O’Brien explains in her weekly column.
The DOL fiduciary rule might eventually be repealed by President Donald J. Trump’s administration. But advisors are still going to have to change the way they do business, Kim O’Brien says.
Delay is the first step in defeating the Department of Labor fiduciary rule, says our Kim O’Brien. That’s why the Americans for Annuity Protection support delay, then repeal.
Confused over the status of the Department of Labor fiduciary rule? Join the club. Our Kim O’Brien recaps where we are at with rules and delays and delays of the rule.
Sen. Elizabeth Warren, D-Mass., is an outspoken supporter of more regulation of financial services. But is she telling the whole story with her explosive claims? Our Kim O’Brien delivers a counterpoint.
Will the Department of Labor delay the fiduciary rule created by the former administration? If it can get over some tough legal hurdles.
Thousands of financial and insurance services businesses may decide against advising consumers about the safety and protection of qualified annuities if the DOL rule is implemented as it is written. Our Kim O’Brien talks about the biggest problems.
The DOL finally released its proposed exemption permitting IMOs to become financial institutions and sell annuities under the fiduciary rule. Good news or bad news? Our Kim O’Brien breaks it down.
In early 2017, Americans for Annuity Protection will advocate for a new budget the does not appropriate the necessary funds to implement the fiduciary rule.
Last week the Department of Labor released a series of FAQs and their responses. Our Kim O’Brien breaks down four key points found among the 34 answers DOL provided.
How will conversations go when advisors are forced to sign contracts with longtime clients under the Department of Labor fiduciary rule? Our Kim O’Brien imagines it…
Trying to determine what the Department of Labor means by ‘best interest’ could be a treacherous exercise for insurers, says our Kim O’Brien.
Advisors will have to consider what licenses they hold and what licenses they may want to get under the DOL fiduciary rule.
The Best Interest Contract Exemption is one of the most flawed parts of the Department of Labor fiduciary rule. Our Kim O’Brien explains why.