DOL - Department of Labor

  • 1995 - LC - Reich (Secretary of the United States Department of Labor) v. Lancaster, 55 F. 3d 1034 - Court of Appeals, 5th Circuit - Google Scholar
    • Reich v. Lancaster, 843 F.Supp. 194 (N.D.Tex.1993).
    • The Secretary predicated the instant civil enforcement action on two aspects of these transactions that are germane to this appeal.
      • First, he alleged that the Fund had paid excessive and unwarranted premiums in purchasing individual permanent or whole life policies, when the Fund could have obtained the same or better benefits for Fund participants and beneficiaries by obtaining other types of insurance, such as group term life insurance, at far less cost.
      • Second, the Secretary contended that Lancaster, his sons, JDL, and DCI had received more than reasonable compensation in connection with the insurance purchases.
  • Employee Benefits Security Administration
    • EBSA - RFC - Pension Benefit Statements—Lifetime Income Illustrations, RIN 1210-AB20.
    • 2020 1117 - AAA to EBSA - RFC - Pension Benefit Statements—Lifetime Income Illustrations, RIN 1210-AB20 - 6p
  • 2015 0811 - DOL - Perez - In the Matter of: CONFLICT OF INTEREST PROPOSED RULE, RELATED EXEMPTIONS, AND REGULATORY IMPACT ANALYSIS HEARING - 333p
    • ACLI - On behalf of American Council of Life Insurers: CARL WILKERSON, Vice President and Chief Counsel Securities and Litigation - 385
      • At the outset, I emphasize that life insurers strongly support recommendations and advice in the best interests of retirement savers and clear disclosure of potential conflicts.
      • In sum, the regulation is built on two false premises: all commissioned advice is conflicted, and all fee-only advice is always unconflicted and serves the retirement saver's best interest
    • NAIFA - On behalf of National Association of Insurance and Financial Advisors: JULI McNEELY, NAIFA President, JENNIFER KNOLL, DDS