The Department of Labor Has it Wrong

 

I got this email this morning- please down load the report and take the appropriate action. 

Dear Blog Reader,

The Department of Labor’s “Conflict of Interest” Rule will be devastating to consumers who seek the protection, security, and reliability of income for life. The rule would submit all annuity sales involving qualified funds, regardless of license held, to a new fiduciary standard.

This study proves that the proposed rule is based on deeply flawed logic and is a costly change that will keep ordinary Americans from getting the assistance they need to plan for retirement wisely. Instead, they will be forced to choose between paying fees for advice or going it alone.

Download the ReportDownload our new report “The Flawed Arguments of the Fiduciary-Only Rule” to get all the facts and to learn….

  • How millions of consumers (AKA your clients) would no longer to be able to purchase an annuity from you
  • Why thousands of small and medium sized business who rely on commissionable and asset-based compensation would go out of business overnight
  • How the Fiduciary-Only Standard discriminates against minorities

Unfortunately, the consumer’s voice is not being heard in Washington. At a time when retirement planning is lacking for many Americans, now is not the time to limit their choices through more burdensome regulation.

Take Action – Download the Report Now

READ THE REPORT

Americans for Annuity Protection is a 501c4 nonprofit formed in 2015

About Jeffrey Berson

40 years in and around the industry has made Insurance a part of my DNA. I have had the pleasure of working with and for some of the greatest minds in our industry. My "Bersonal" View is an attempt to capture some of the best ideas, the best concepts and the best practices in a way that can lead to success for others. It will certainly be my point of view, so please...don't take it "Bersonal".
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