The Elephant in the Life Insurance Industry

Cordell, David M.; Lemoine, Craig
May 2009
Journal of Financial Planning;May2009, Vol. 22 Issue 5, p38
Academic Journal
The author reports on the impact that fiduciary standards have had on the life insurance industry. Various topics regarding fiduciary standards are discussed in the article including requirements that have been established by the Certified Financial Planner (CFP) Board of Standards and difficulties that exist in regards to complying with fiduciary standards. The impact that concerns regarding fiduciary standards have had on the way in which companies do business are mentioned. An example of the impact that fiduciary standards can have investors is provided.


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