INSURASALES

Tag: fiduciary duty

Massachusetts Jury Finds Cutter Financial Liable for Fiduciary Breach in Annuity Sales Case

Massachusetts jury rules against Cutter Financial for fiduciary breach under the Investment Advisers Act, highlighting SEC enforcement focus on undisclosed annuity commissions and compliance risks for RIAs.

Proposed Department of Labor Regulations to Refine Health Plan Fiduciary Duties

Scholars argue for enhanced Department of Labor regulations under ERISA to improve fiduciary duties in selecting employer-sponsored health insurance, advocating for transparency and value in plan choices.