FACC is working hard to ensure that the NAIC Model for Best Interest is adopted as drafted by the NAIC so that it is workable for all agents and advisor in ALL states.
FACC submits letter to DOL reinforcing its support for the request being made by financial services industry trade organizations that the Department of Labor (DOL) extend the temporary enforcement policy as provided for in Field Assistance Bulletin (FAB) 2018-02 which is presently scheduled to expire on December 20, 2021. FACC