THE DOL FIDUCIARY RULE COULD ACTUALLY HELP INSURERS
Thursday 5/25/2017 17:00:20 EST - Standard & Poor's

The U.S. Department of Labor (DOL), on May 23, 2017, announced that its Fiduciary Rule -- created under the Obama administration and whose implementation was delayed under the Trump administration -- will now move forward with a partial implementation beginning on June 9, 2017 and full implementation set for January 1, 2018. The rule expands the definition of who is an investment advice fiduciary under the Employee Retirement Income Security Act of 1974 (ERISA). In its current form, the rule ...