The New NEW DOL Fiduciary Rule

Insurance Pro Blog Podcast

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8M ago 38:33

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What's old is new again. The U.S. Department of Labor has revived its "Fiduciary" Rule after 7 years. This rule was originally discussed and proposed in 2015-2016. However, it was tabled after Trump was elected, and the DOL dropped it.

The new rule is no less confusing than the original. Perhaps even more so. In today's episode we discuss some of the details as we understand them. More importantly, we opine about the absurdity of making rules to enforce ethical behavior. It just doesn't work and it never has. ______________________ If you'd like for us to help you find the right cash value life insurance solution, or you're in a transitional period from your working years to retirement, please click here to contact us. We love helping listeners and even more when they become our clients.

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