Fiduciary-only advice rule would harm investors, ACLI warns
![ACLI fiduciary](https://s32566.pcdn.co/wp-content/uploads/2022/05/DOL-bldg-5_opt-951x634.jpg.optimal.jpg)
As the DOL prepares another rule related to fiduciaries, an insurance trade association says access to commission-based advisers is at stake, while an investor advocate criticizes the trade group's poll.
As the Department of Labor contemplates another iteration of its financial advice rule to curb conflicts of interest in recommendations for retirement accounts, an insurance trade association is warning that the DOL should not base such a regulation on a fiduciary standard.
On Monday, the America
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