From Nerd’s Eye View by Michael Kitces in his Weekend Reading for Financial Planners

Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with a scathing letter submitted by Senator Warren to the Department of Labor, pointing out that while insurance and annuity companies have insisted that a DoL fiduciary rule would be disastrous, when legally obligated to disclose the rule’s true impact to shareholders on earnings calls the major insurance companies have confessed that the rule will have “no significant impact” on their companies and that they’re ready to adapt as necessary (which Warren uses as leverage to encourage OMB to quickly approve the DoL rule).