Executives of the National Association of Insurance and Financial Advisors have taken their concerns about the Department of Labors proposed fiduciary rule to the White House and next week the association and its members will meet again with lawmakers to discuss the impact it could have on benefit advisers.
Last week, NAIFA President Juli McNeely and past president Terry Headley met with White House staff to talk about how the DOL proposal would impact their businesses. The association says The White House has invited them back for further discussion, a good sign they are listening, according to NAIFAs Vice President of communications and marketing, Sheila Owens.