This is what U.S. DOL relied on

May 14, 2024 by Sheryl J. Moore

The U.S. Department of Labor relied upon a study of RIAs and B/Ds for their rationale on indexed annuities, which are sold by independent insurance agents 57.4% of the time.

As a lady who relies on FACTS, to do what she does, I am completely baffled by the made-up bologna that the U.S. Department of Labor used to justify their fiduciary rule.

I mean, come on folks! People’s livelihoods are on the line here!!

If I made up data, I’d be out of work.

They make up data and change an entire industry.

The more I dig into this rule, the more I am in disbelief…

-sjm