Distribution Disruption: Impacts of the Department of Labor Fiduciary Standard for US Life Insurers

Celent will help qualify your requirements and introduce you to the vendor
Spotted a missing vendor? Use this form to alert a vendor to the Celent service
Create a vendor selection project & run comparison reports
Register to access this feature
Click to express your interest in this report
Indication of coverage against your requirements
Vendor requires PRO subscription to activate this feature
Requires research subscription, contact Celent for more info
27 March 2016

REPORT PREVIOUSLY PUBLISHED BY OLIVER WYMAN

Abstract

The Department of Labor’s latest proposal to expand the definition of a fiduciary under the Employee Retirement Income Security Act (ERISA) will cause significant disruption to the advice landscape surrounding 401K rollovers and IRAs and will have substantial knock-on effects for retail insurance distribution channels generally.

In this report, Distribution Disruption: Impacts of the Department of Labor Fiduciary Standard for US Life Insurers, the authors summarize views that they have validated through a series of interviews and discussions with a cross-section of industry leaders and subject matter experts. They believe that insurers should be considering the standard carefully, quantifying exposures under a range of impact scenarios, and developing strategic plans around portfolio strategy, distribution, and product innovations.

Insight details

Content Type
Reports
Location
North America
Special Interest
Innovation & Emerging Technology, Risk Management & Compliance