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Third Legal Challenge to DOL Fiduciary Regulation Filed
American Council of Life Insurers [ACLI] 
June 9, 2016 "ACLI and NAIFA support responsible and balanced regulations that protect the interests of retirement consumers. But the regulation is neither reasonable nor balanced. It has become clear that it will harm the very people it is meant to help. It will harm retirement savers who now, more than ever, need access to the guaranteed lifetime income products -- personal pensions -- offered by ACLI and NAIFA members[.]" [ACLI, NAIFA et al. v. Perez, No. 16-cv-1530 (N.D. Tex. filed June 8, 2016)] MORE >> |
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