NAIFA Secretary Speaks out on DOL Proposed Fiduciary Rule

NAIFA Secretary Paul Dougherty, along with
Camille Simpson, Assistant Vice President and Counsel, Federal Affairs, MassMutual; and Peter Pastre, Vice-President, Global Government Relations, MetLife; made the case about how the Department of Labor’s fiduciary proposal would negatively impact customers and individuals as they prepare for retirement.  
 
At a Sept. 18 briefing sponsored by the Financial Security & Life Insurance Caucus, the three spoke on how the rules would have a chilling effect on middle-income investors and retirement savers. The Financial Security and Life Insurance Caucus was formed earlier this year to address the unprecedented financial challenges families face and how policymakers can seek solutions
 
The panel was moderated by former Congressman Vic Fazio. Caucus co-chairs Richie Neal (D-MA) and Pat Tiberi (R-OH) also spoke passionately during the Caucus’ first event. And, Rep. Randy Hultgren (R-IL) addressed the packed room to share concerns on how the DOL proposed rule would affect savers, retirees and small businesses. 

Above, from left to right:  Moderator and former Congressman Vic Fazio, NAIFA Secretary Paul Dougherty, Camille Simpson, Assistant Vice-President and Counsel, Federal Affairs, MassMutual; and Peter Pastre, Vice-President, Global Government Relations, MetLife. 

  • Posted September 21, 2015 IN


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