Hi…Jeff Berson here. I have worked in and around the insurance world for almost 40 years. In that time I have worked with some of the best minds in the financial industry. With this blog I hope to bring some of the best concepts, the brightest ideas and the latest information to help you succeed. It may not always be my personal idea but it will surely be "Bersonal"
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.
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.
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".