Fiduciary Governance Blog

Additional states consider best interest standard for annuity sales

George Michael Gerstein • January 5, 2021 January 5, 2021 • News • Tags: Best Interest, NAIC

Momentum picks up for state-level best interest rule on annuity sales - RPA Convergence

Arkansas and Michigan become the latest states to adopt the National Association of Insurance Commissioners model rule

RPA Convergence

George Michael Gerstein on podcast to discuss fiduciary-related regulatory developments

Fiduciary Governance Blog • February 21, 2020 February 21, 2020 • News • Tags: Best Interest, DOL, ERISA, ESG, Fiduciary Duties, Fiduciary Rule, Form CRS, Legislation, Maryland, Massachusetts, NAIC, Nevada, New Jersey, New York, Proxy voting, SEC, States

Human Capital: Stradley Ronon's Gerstein Dissects State Fiduciary Rule Race | ThinkAdvisor

In episode #9 of our Human Capital podcast, George Michael Gerstein tell us the latest on where the states’ fiduciary rules stand.

ThinkAdvisor

NAIC adopts best interest model rule

Fiduciary Governance Blog • February 14, 2020 February 14, 2020 • News • Tags: Best Interest, NAIC

State regulators approve best-interest standard for annuity sales - InvestmentNews

Now that the National Association of Insurance Commissioners has approved the model rule, individual states must adopt the measure

InvestmentNews

NAIC model rule re. best interest moves closer to reality

George Michael Gerstein • January 3, 2020 January 3, 2020 • News • Tags: Best Interest, NAIC

@MarkSchoeff is reporting that NAIC is moving closer and closer to best interest annuity sales rule.https://t.co/opVLXAZchO

— Fiduciary Governance Group (@FidGovGroup) January 3, 2020

Update on NAIC model rule re. annuity sales

Fiduciary Governance Blog • November 7, 2019 November 8, 2019 • News • Tags: Best Interest, NAIC

State insurance commissioners closing in on stronger standard for annuity sales - InvestmentNews

Critic says latest iteration falls short of true best-interest standard set by New York

InvestmentNews

Waiting for the next (state) shoe to drop

George Michael Gerstein • September 30, 2019 September 30, 2019 • News • Tags: Best Interest, Broker-Dealer, Illinois, Legislation, Maryland, Massachusetts, NAIC, Nevada, New Jersey, New York

Creator of NJ Fiduciary Rule Takes NASAA Helm | ThinkAdvisor

Fighting securities fraud is personal to Christopher Gerold. At NASAA's conference, he told a story.

ThinkAdvisor

Stradley Ronon’s Fiduciary Governance Group cited for identifying state-wide trends on fiduciary legislation

George Michael Gerstein • April 24, 2019 April 19, 2019 • News • Tags: Best Interest, Illinois, Maryland, NAIC, Nevada, New Jersey, New York

The Fiduciary Governance Group’s tracking and analysis of the various state fiduciary developments was referenced in a recent planadviser article on New Jersey’s new proposal.

Bill Mandia and George Michael Gerstein discuss the race for fiduciary regulation at the federal and state levels

George Michael Gerstein • April 19, 2019 April 17, 2019 • News • Tags: Best Interest, Maryland, NAIC, Nevada, New Jersey, New York, SEC

New Jersey, Nevada Likely to Pass Fiduciary Rules: Attorney | ThinkAdvisor

Unlike the rule that was defeated in Maryland, the New Jersey proposal doesn't need votes, per se, a lawyer says.

ThinkAdvisor

Bill Mandia presents at National Conference of Insurance Legislators on fiduciary developments

George Michael Gerstein • March 18, 2019 March 18, 2019 • News • Tags: Best Interest, NAIC

As previewed by ThinkAdvisor, Bill Mandia presented this past weekend at the National Conference of Insurance Legislators Spring Meeting in Nashville. Accompanying Rep. Joe Fischer (KY) and Rep. Martin Carbaugh (IN), Bill discussed the federal and state approaches to the sale of annuities and other retirement savings products.

Fiduciary Governance Group featured in InsuranceNewsNet Magazine regarding the multiple “best interest” legislative and regulatory state proposals on annuity sales

George Michael Gerstein • March 4, 2019 March 4, 2019 • News • Tags: Best Interest, Maryland, NAIC, Nevada, New Jersey, New York

InsuranceNewsNet Magazine just published an insightful article on the various state best interest proposals regarding annuity and insurance sales within the broader NAIC context. The Fiduciary Governance Group’s analysis was featured.