Expertise offered by Richard Weber, MBA, CLU® , AEP® (Distinguished); Kim O'Brien, MBA
About the program
Most of the Department of Labor’s fiduciary rules for retirement plans announced by the DOL last Spring are slated to become effective April 2017. There are judicial challenges pending as well as a new administration and Congress generally hostile to over-regulation. We DON’T KNOW what changes may be coming, but we still have to be prepared for implementation. Until or unless a change is actually announced, advisors will be held to a fiduciary standard effective in little more than 3 months, when for compensation, they render advice to plans, participants, or beneficiaries of employer-sponsored retirement plans as well as to self-directed IRA, IRA Rollover, and Roth.
For members of NAEPC, there’s little argument that advisors must serve their client’s best interest, and aside from those receiving variable compensation, fee disclosure is rarely an issue. But "DOL Fiduciary” creates standards and obligations going well beyond our normal experience and expectations. Whether implementation occurs on schedule or is delayed until any administrative, judicial or legislative challenges are resolved, attendees will want to learn about the trend of regulatory processes and procedures that will eventually affect us all.
After reviewing the rule implications, this presentation will also consider the various business models that will be affected - with a focus on thriving rather than merely surviving!
About the speakers
For over 35 years, Kim O'Brien, MBA, has served in all aspects of the insurance industry with her primary focus on product development and marketing. As former CEO of NAFA, the National Association for Fixed Annuities, Kim led the association to critical federal and state regulatory victories and developed a membership that represents over 84% of fixed annuity production in the independent channel. Kim lives in Phoenix with her college sweetheart and husband of 40 years and their two Irish Setters.
Richard M. Weber, MBA, CLU®, AEP® (Distinguished) was the 2012-2013 President of the Society of Financial Service Professionals (FSP). He is a fee-only Insurance Fiduciary℠ working with high net worth individuals and businesses and a 50-year veteran of the life insurance industry. Dick was elected to the NAEPC's Hall of Fame in 2009 as an AEP® (Distinguished).
REGISTER HERE for the individual program.
To register for the 2017 series, please click here
• $40 / Accredited Estate Planner® designee
• $60 / member of EPCNYC
• $100 / non-member
• $250 / council meeting or group gathering
To learn more about the NAEPC Monthly Webinar Series and to see both past & upcoming programs, CLICK HERE.
Continuing education credit will be available for Accredited Estate Planner® designees. In addition, a certificate of completion will be made available for those professionals who feel the program satisfies their continuing education requirements and are able to self-file. It is the responsibility of the attendee to determine whether their state, discipline, or designation will allow one to self- file for a distance-learning program.
The Robert G. Alexander Webinar Series was launched in September 2013 to provide estate planners with accessible, high quality, multi-disciplinary education. Programs are available live and on-demand to individuals and to be used as group gatherings where EPC members view the program together in a single location. Why not consider adding a webinar to your schedule as a new and creative program?
More Information To Be Posted Soon.