http://ifawebnews.com/2010/03/08/naifa-warns-that-fed%e2%80%99s-proposed-fiduciary-standards-would-be-harmful/ The nation’s homepage for insurance industry news Fri, 25 May 2012 14:28:41 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://ifawebnews.com/2010/03/08/naifa-warns-that-fed%e2%80%99s-proposed-fiduciary-standards-would-be-harmful/comment-page-1/#comment-20206 Ron Mon, 22 Aug 2011 14:33:36 +0000 http://ifawebnews.com/?p=13257#comment-20206 The commissions we receive as insurance producers do not come from the client. We are paid from the Insurance company. When my client deposits money into annuity, his principle is not lowered because of a fee or commissions paid. He has exactly what he paid into it and is protected. The commissions we receive as insurance producers do not come from the client. We are paid from the Insurance company. When my client deposits money into annuity, his principle is not lowered because of a fee or commissions paid. He has exactly what he paid into it and is protected.

]]> http://ifawebnews.com/2010/03/08/naifa-warns-that-fed%e2%80%99s-proposed-fiduciary-standards-would-be-harmful/comment-page-1/#comment-2682 Laura Rowley Fri, 19 Mar 2010 16:21:16 +0000 http://ifawebnews.com/?p=13257#comment-2682 I am a fiduciary and I have never been expected to research every product in the universe to determine which is best. As long as you show that you have a process and have done due diligence. Why do you say that your clients can't afford your advice and help? Insurance reps are known for recieving high payouts...where do you think that money comes from? The flow of money would just be structured differently to insure transparency. I am a fiduciary and I have never been expected to research every product in the universe to determine which is best. As long as you show that you have a process and have done due diligence.
Why do you say that your clients can’t afford your advice and help? Insurance reps are known for recieving high payouts…where do you think that money comes from?
The flow of money would just be structured differently to insure transparency.

]]>