Insurers Get Creative With Products in Delayed Fiduciary World
October 11, 2017 by Cyril Tuohy
Retirement product development against the backdrop of a delayed Department of Labor fiduciary rule is leading to a more mature view of the regulation, an insurance industry expert said Monday.
The upshot of the product activity indicates a more nuanced approach to the DOL landscape compared to spring 2016. At that time, insurers and distributors were gearing up to meet an April 2017 deadline and Democrats were expected to retain control of the White House.