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Testimony of Insured Retirement Institute at DOL Hearing on Proposed Conflict of Interest Regs (PDF)
Insured Retirement Institute [IRI]
[Opinion] Aug. 10, 2015 "IRI strongly urges the Department to remove the exclusion for variable annuity IRA sales from the proposed amendment to PTE 84-24.... We believe many of the conditions included in [the proposed Best Interests Contract Exemption] will be so onerous or impossible to comply with that lifetime income products and vital sources of annuity product distribution information will no longer be available to consumers." MORE >> |
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