An organization representing about 75,000 financial planning professionals “strongly urged” the U.S. Senate Banking Committee to include financial planner consumer protections that include increase regulation, oversight and competency and ethics standards for anyone calling himself a “financial planner.”
A group representing investment advisors is asking the U.S. Securities and Exchange Commission to keep the Financial Insurance Regulatory Authority (FINRA) from expanding its regulatory authority by getting involved in … Read →
The former head of the National Association of Professional Financial Advisors (NAPFA) and a local Financial Planning Association (FPA) chapter has been accused in a $1.2 million fraud and kickback … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.