Financial execs: distribution, regs top challenges in 2016
January 6, 2016 by LifeHealthPro Editors
Financial services executives surveyed by LIMRA cite distribution issues, including attracting and retaining sales professionals and adapting to regulatory changes, as their top challenges in 2016.
“When we look closer at the top challenges the executives chose, we see a common thread for their concerns,” says Scott Kallenbach, director of strategic research for LIMRA. “If the Department of Labor (DOL) fiduciary standard is enacted as proposed, it will have a significant impact on the distribution and design of financial products well into the future.” Click HERE to read article