Who is the "Fiduciary Rule" Helping?
David Macchia
![David Macchia]()
David Macchia
Visionary entrepreneur, retirement income industry innovator, consultant to life insurers, and creator of financial technologies and products that attracted more than $150 billion in investment assets.
After reviewing the Retirement Security Rule, I know who it is not helping: the majority of:
The "fiduciary rule" places its emphasis narrowly on asset growth. This is a monumental failing. A failing of retirement security. Read my Think Advisor article on this here.
#macchiaminute #fiduciary #dol #annuity #insutranceagents Jason Ray
Donald Moine, Ph.D., Organizational Psychologist. Rapid Growth Strategies for Financial Advisors, Insurance Agents and Company Founders. Expert Witness. Executive Coach. International Consultant. Speaker. Author.
10 个月David Macchia One group the DOL's Fiduciary Rule is NOT helping: the DOL. In a very short period of time, the Fiduciary Rule has created more anger toward the DOL and mobilized more people against it than anything the DOL has done in recent memory. Dale Carnegie wrote a best-selling book called "How to Win Friends and Influence People." The top executives at the DOL are now qualified to write a book titled "How to Lose Friends and Create Enemies." In my opinion, the DOL has a FIDUCIARY DUTY to do what is in the best interest of the American people. The DOL has failed to fulfill its fiduciary duty. Dr. Donald Moine Sheryl J. Moore Tom Hegna
WFG Entrepreneur. Recruiter | Educator of Tax-Free Wealth, Income & Legacy Strategies | Certified LTC. Trusted Charitable Advisor. Husband-Father-USN Veteran
10 个月Quality question.