The release of the new U.S. Department of Labor Conflict of Interest Rule on retirement investment advice places many business models under additional pressure and scrutiny, especially commission and revenue sharing practice. The new DOL fiduciary rule impacts the entire financial services industry, from insurance agents and broker-dealers to banks, investment advisors, employers and retirement plan administrators.
This article by The American College of Financial Services details how the new DOL rule will impact insurance agents, brokers, broker/dealer affiliations, and registered investment advisors.
Read the full article on The American College of Financial Services blog.
0 comments
Hide comments
