DOL Pushes New Fiduciary Rule to December
Not to be confused with the existing DOL Rule that became effective in 2021 and created PTE 2020-02 and affirmed the use of an older version of PTE 84-24, the Department of Labor plans to issue ANOTHER rule – possibly this December.
The DOL is required to release a semiannual agenda that lists all regulations under active consideration in the one-year period ahead as well as longer-term regulatory actions. The Spring 2022 Regulatory Agenda was just released and shows an item titled "Definition of the Term Fiduciary" with a date of "12/00/2022.
Here is a link to the relevant item:
This information is provided with the permission of Summit Compliance Group.
Latest PostsNew Customizable Resources for February’s Insure Your Love MonthJanuary 2023 Have You Logged Into AIPMA’s Agent Tools Yet?January 2023 AIP Marketing Alliance’s 2022 Year in ReviewJanuary 2023
TagsCarriers Leads Nationwide Securian Financial Tickit Charity Limra Aipma Life_Insurance Term Life Insurance Financial Planning Holiday Job Posting Fidelity Guaranty Life Transamerica Permanent Life Insurance Tips Myga Integrity Marketing Group Covid19 Disability_Insurance Fixed Indexed Annuity Regulations Women Taxes American Equity Ira Lincoln Financial Group Protective Regional Director Foresters Financial Global Atlantic Insurance Fraud North American Roth Ira Senior Health Shop Tax Season Working From Home Legal And General Web Meetings Secure Act Medicare_Supplements Bestow Coronavirus Covid 19 Long_Term_Care Social Media Ethos Culture Equitrust Wink Open Enrollment Myaip Nafa Annuity Genworth Final Expense Webinars Aig Retirement Planning Integrity Drop Ticket Fixed Annuity
2041 E. Square Lake Road, Suite 100, Troy, Michigan 48085-3897
For more than 40 years, AIP Marketing Alliance (AIPMA) serves as a premier life insurance and annuity distribution partner to provide full-service support to independent wholesalers, brokerages and agents from our Troy, Michigan office. Copyright 2023