An In-Depth Analysis of Best Interest Standards

What You'll Learn

The paper examines how best interest standards were first introduced to the life insurance industry, how they are currently being regulated and implemented, where they are headed. From the United States Department of Labor Fiduciary Rule to the Securities and Exchange Commission’s Regulation Best Interest, Proformex CEO and author Kris Beck explores all the facts and nuances of these regulations and their impact on consumers and industry professionals alike.

“Since the passing of Regulation Best Interest by the SEC this summer, best interest standards regulations have been a very popular topic among industry professionals,” said Kris Beck, CEO of Proformex. “We wanted to collect information to educate both consumers and our colleagues about what will change with these new regulations and how to become compliant.”