Dick’s recently published comments on the need for suitability and best interest standards for insurance producers coincides with New York Insurance Regulation 187 and the CFP Board’s update to its fiduciary standards. Read the full here.

There is much to criticize about the heavy-handedness of DOL’s final regulations issued on April 6, 2016.  The core purpose of these rules is to change how advisors and agents get paid, effectively all but eliminating current commission models.  But I believe there IS a pony at the bottom of the pile under the Christmas