Advisor standard of conduct

How To Replicate A Stretch IRA, Why Retirees Are Wary of Annuities, Five Biases That Drive Clients, And More

Topics: Advisor standard of conduct, Annuities, Business uses of Life Insurance, Defined contribution plans, ERISA, IRAs, Key man, Life insurance products, Qualified Plans, Regulation, Retirement security, SEC

SEC Issues Final Standard of Conduct Rule For Brokers And Advisors Yesterday the SEC released a final standard of conduct rule that establishes a best interest standard of care for broker dealers, clarifies the fiduciary duty for advisors, and creates a standardized disclosure form both brokers and advisors. AALU is currently analyzing the details of…

SEC to Vote / Dem Debate Guide / AALU Action with Schweikert and Schneider / Retirement Bill on the Move

Topics: Advisor standard of conduct, Congress, Regulation, Retirement security, SEC

May 31, 2019 SEC Expected to Finalize Standard of Conduct Rule on June 5 The SEC will hold an open hearing on June 5th, where the Commission is expected to vote to finalize their standard of conduct proposal for broker-dealers and advisors. The SEC initially proposed the rule in April of 2018, and it consists…

COLI/BOLI Alert; Amb Action w/ Rep. Gottheimer (D-NJ); NJ fiduciary proposal; How SECURE Act and RESA could help your business?

Topics: Advisor standard of conduct, COLI/BOLI, Congress, Regulation, Retirement security

April 19, 2019 This Week in Washington COLI/BOLI Alert: Proposed Regulation Responsive to Life Insurance Concerns The Tax Cuts and Jobs Act of 2017 included language that modified the Transfer for Value rules related to certain life insurance contracts by subjecting them to new reportable policy sale requirements. This new provision has a narrow, but…

Retirement bills on the move; Who in Congress worked in Life Insurance; NY Best Interest Rule; Ambassadors in Action; Exec Comp Tax

Topics: Advisor standard of conduct, Congress, IRS, Regulation, Retirement security, Treasury Department

April 5, 2019 Retirement Bills on the Move Late last Friday, Ways and Means Committee Chairman Richie Neal (D-MA), Ranking Member Kevin Brady (R-TX), Rep. Ron Kind (D-WI), and Rep. Mike Kelly (R-PA), introduced the Setting Every Community Up for Retirement Enhancement Act (SECURE Act / H.R. 1994). The SECURE Act builds on legislation AALU…

Nevada Best Interest Reg; PODCAST; Inside the Problem Solvers Caucus; Congressional Vacancies; Liability Heads Up on Data

Topics: Advisor standard of conduct, Best interest, Congress, DOL, Fiduciary, NAIC, Regulation, SEC

March 08, 2019 AALU Submits Comments on the Nevada Standard of Care Proposal In January, the Nevada Securities Division (NSD) proposed a set of fiduciary rules, implementing a law enacted in 2017. The NV law that this regulation is based on expanded the types of financial professionals that are subject to Nevada’s existing fiduciary standard.…