Fiduciary rule tops agenda at NAFA Annuity Leadership conference

June 6, 2016 by Kristen Beckman

Members of the National Association for Fixed Annuities will gather this week in Washington, D.C., at the association’s annual Annuities Leadership Forum and Hill Walk to discuss issues and regulation affecting the fixed annuity market.

Topping the list of forum topics will be the Department of Labor’s fiduciary rule, which NAFA has publically criticized. The association filed a lawsuit last week seeking a preliminary injunction to stay the rule on grounds that the Labor Department exceeded its authority to regulate Individual Retirement Accounts and improperly categorized insurance agents as fiduciaries.

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Originally Posted at Lifehealthpro on June 6, 2016 by Kristen Beckman.