White House: "Cracking down on 'junk fees' on retirement investment advice"

[DHK]

Such a joke - trying to fix problems where progress is already being made.

Here's the link for the White House brief:
https://www.whitehouse.gov/briefing...on-junk-fees-in-retirement-investment-advice/

Here's the NAIC's response:
https://content.naic.org/article/st...who-buy-annuities-naic-releases-statement-dol

Here's NAIFA's response:
[EXTERNAL LINK] - No Candy for You: DOL Rolls Out Failed Fiduciary-Only Approach Again

 

[DHK]

DOL still wants commission disclosures:
[EXTERNAL LINK] - Draft Labor Regulations Allow Annuity Commissions | ThinkAdvisor