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U S Department Of Labor Proposes New Fiduciary Rule - Retirement, Superannuation & Pensions

On October 31, 2023, the U.S. Department of Labor (the "DOL") issued proposed changes to the definition of "investment advice" fiduciary under the Employee Retirement Income Security Act of 1974 ("ERISA").

Us courtUs department of laborInvestment company principalInsurance companiesRelief limited to independent insuranceExchange commissionRetirement income security actFifth circuitTransactions involving insurance agentsImproving investmentFederal registerInvestment advice transactionsSecurities transactions involvingReporting dealersOpen end investmentRetire indebtedness

British Steel associated firm on FSCS default list

The Financial Services Compensation Scheme has declared 12 firms as being in default in the past two months.

United kingdomSarah marinAston collieDavid craigArrow financial services united kingdom ltdArrow financial services united kingdomTowns credit union ltdLeslie swallowConsero capitalWealth management ltdFinancial servicesChryson ltdHastings rother credit union ltdArrow financial servicesCommunity bankFinancial planning practice ltd

Big I adds three to education program s board of directors

They will collectively serve alongside many industry groups and carriers

United statesRob townleyWhitnee dillardTownley kentonDaniel holstKathy conley jonesAgents association executivesNational african american insurance associationMetro alliance of independent insurance agentsWilliamson financial group in florissantWashington society of association executivesFernbank museum of natural historyKathy conley jones consultsWilliamson financial groupNational associationInsurance professionals

Barry Fehler - 60 years on the broking frontline

SEIB founder Barry Fehler reflects on his six decades in broking, covering everything from regulation to consolidation, as well as his support for the Institute

David worsfoldBarry fehlerInstitute of insurance brokersInsurance brokersSouth essex insurance brokersIndependent insurance

Insurance industry and consumers in crisis in the Golden State

Many Del Norte County homeowners are in crisis mode. The rampant inflation in the country has finally hit home.

United statesDel norte countyDepartment of insuranceMany del norte countyState farmIndependent insurance agentsFair accessInsurance requirementsFair planIndependent insurance

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