Well, the Department of Labor has finally rolled out their long awaited ruling on retirement accounts and a new “fiduciary rule”.
Rather than re-invent the wheel here in this post, I'm going to refer you to this piece I wrote last summer:
Can the government fix your retirement woes?
Also, if you want to read the opinions from both sides of the argument that were published in the last couple of weeks, here are three pieces that cover the new rule:
Our big takeaway…the cheapest/least expensive option is not always the best option. What's best for clients is entirely subjective.
Brantley is a practicing life insurance agent and has been for nearly 18 years. After years of trying to sell like his sales managers wanted him to, he discovered that people want to buy life insurance if you actually explain the benefits.