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NAIFA: Universal Fiduciary Standard Would Hurt Consumers

http://www.lifeandhealthinsurancenews.com/News/2010/12/Pages/NAIFA-Universal-Fiduciary-Standard-Would-Hurt-Consumers.aspx

If a universal fiduciary standard of care governed all sales of investment products, many life agents would narrow the scope of services they provide for middle-income customers.

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NAIFA: Universal Fiduciary Standard Would Hurt Consumers