DOL Rule to Render Product Sales Secondary: Speaker

March 6, 2017 by Susan Rupe

The Department of Labor fiduciary rule will usher in a new era in which product sales will be secondary to the advice process.

That was the word from David Macchia, CEO of Wealth2k. Macchia’s presentation on “DOL: The Silver Lining” concluded the 2017 LIMRA Distribution Conference in Ft. Lauderdale.

The DOL rule creates an urgency for simplification and transparency in the retirement planning process, he said. Clients must truly understand what they are buying.

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Originally Posted at InsuranceNewsNet on March 3, 2017 by Susan Rupe.