Thursday, July 30, 2015
Life Insurance
MetLife: Fiduciary Rule Threatens Ability To Advise Middle Class
--MetLife Inc. said its dual roles of offering retirement products and advising customers are threatened by a U.S. "Without substantial modifications, the proposal could force companies such as MetLife to choose between manufacturing individual annuities and distributing," Chief Executive Officer Steve Kandarian said on a conference call Thursday.
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