What will the DOL rule mean for advisors?

May 6, 2024 by Susan Rupe

The Department of Labor has several objectives in issuing its latest iteration of the fiduciary rule and one of them is expanding the scope of fiduciary activities, a Washington attorney said.

The National Association of Insurance and Financial Advisors gave a breakdown of how the fiduciary rule will impact advisors and consumers during a recent webinar.

“What’s important on this, and the biggest conundrum for the DOL is that they can only regulate fiduciaries. 

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Originally Posted at InsuranceNewsNet on May 6, 2024 by Susan Rupe.