Fiduciary duty requires real estate agents to act in the best interest of their client. This includes giving honest advice, ...
an annuity in this situation from a commission-based fiduciary agent would have preserved her $18,000 of income for life. Her income would be guaranteed. The agent would have been compensated by ...
What it means to be a fiduciary advisor has a long and convoluted history. In fact, the original "fiduciary rule" was introduced by the U.S. Department of Labor around the same time consumers ...
Some financial advisers don't currently subscribe to this higher fiduciary standard. There are three types of advisers: Insurance Agents and Producers: Insurance agents or producers are not the ...
When it comes to demonstrating and maintaining a fiduciary duty, financial professionals who have the accredited investment fiduciary, or AIF, credentials have a little more "oomph." This ...
DOL’s hold on the fiduciary rule in 2024 had followed two ... that at least 29 annuity and insurance companies are offering agents perks – vacations and cash bonuses –"in exchange for ...
Fiduciary duty requires real estate agents to act in the best interest of their client. This includes giving honest advice, protecting confidential information and making decisions that benefit ...