DOL 101: The fiduciary rule’s impact on insurance-only agents: Opinion

May 31, 2016 by KEVIN W. MECHTLEY, J.D.

The Department of Labor’s new fiduciary rule is the most significant industry game-changing development we have seen since the tax reform to annuities in the early 1980s. As a compliance expert with a leading consulting company, the biggest question I receive these days is: “How do I comply?” Even though I’d like to have a panacea response, my answer is often the same: “It depends.” Every company, distributor and producer is in a unique position under this rule, and compliance answers will vary based on the licenses one carries and the type of products manufactured and marketed.

Click HERE to read more… LifeHealthPro articles are free to view via registration on their site.

Originally Posted at LifeHealthPro on May 31, 2016 by KEVIN W. MECHTLEY, J.D..