NAIFA Tells OMB of Potential Concerns About DOL Fiduciary Rule

April 8, 2015

The federal Office of Management and Budget is conducting a review of the Department of Labor’s draft fiduciary rule for financial professionals who provide retirement accounts advice. The OMB review comes prior to DOL’s officially proposing the rule and making it subject to public review.   However, based on statements by the President and other members of the administration, NAIFA has some apprehension about potential impacts of the rule.      NAIFA President Juli McNeely and Acti...