The fiduciary standard for life insurance is here
May 20, 2026 by Frederico Guardia
The Department of Labor officially vacated the Retirement Security Rule on March 10, 2026. This move restores the decades-old “five-part test,” which narrows the circumstances under which financial professionals must act as fiduciaries.
While we celebrate this decision as an industry, we would be remiss not to note the mindset change that has occurred: elevated standards of care in our industry are here to stay.
Originally Posted at InsuranceNewsNet on May 18, 2026 by Frederico Guardia.
Categories: Industry Articles