A new year brings new regulatory priorities with it. Regulation of life insurance and annuity products is constantly changing and 2022 is expected to be a pivotal year. Those who sell these products need to know what is happening.
Armstrong Robinson, a longtime DC lobbyist and head of Finseca’s Government Affairs Department, will update where key regulations stand, what to expect in 2022 and what is at stake for the industry. Armstrong addresses:
What “suitability” and “best interest” means to the producer - and to the client - in the context of these new rules.
Where Department of Labor efforts to rewrite a fiduciary definition stand, and why it is so important for producers on the street.
How to do business in these times of evolving regulation in a way that protects producers from future trouble.
Armstrong Robinson leads Finseca’s Government Affairs Department. He helped to guide the profession through tax reform in 2017 and lead the team that repelled several attacks on client planning tools while securing key victories that benefit the profession to this day like the 199A passthrough deduction. Prior to joining Finseca, Armstrong advocated for dozens of clients at the Prime Policy Group, a premier D.C.-based bipartisan lobbying firm on a wide variety of issues ranging from tax to cybersecurity. During more than a decade serving the U.S. Congress, Armstrong worked extensively with the Committees on Ways & Means and Financial Services.