by Kim O'Brien | Oct 19, 2018 | Uncategorized
Phoenix, AZ, October 12, 2018 – The Fixed Annuity Consumer Choice Campaign (FACC) today released its proposal to require stronger disclosures including a client relationship summary and producer compensation notice. The group contends the best interest proposals...
by Kim O'Brien | Jun 26, 2018 | Uncategorized
After weeks of nervous “where-is-it” speculation, the 5th Circuit Court of Appeals finally issued its mandate vacating the Labor Department’s fiduciary rule. It is a tremendous victory for the financial services industry and for those who believe more government...
by Kim O'Brien | Jun 8, 2018 | Uncategorized
Thank you, Chairman Cameron, Vice-Chairman Ommen, and Committee Members. Thank you for this opportunity to comment. I am Kim O’Brien representing the Fixed Annuity Consumer Choice, or FACC, Campaign. We are an alliance of insurance agents, independent marketing...
by Kim O'Brien | Mar 6, 2018 | Uncategorized
If there was any doubt the fiduciary rule was going to change life in the financial services industry, all doubt is now removed. In case you missed it, the Massachusetts Securities Division filed charges against Scottrade for knowingly violating internal policies...
by Kim O'Brien | Nov 21, 2017 | Uncategorized
No, we don’t mean to your special someone. We mean “get engaged” in our campaign to save the future of fixed indexed annuities! The origin of the word “engage” can be traced back to the early 17th century and comes from the French “engager” which literally means ‘to...
by Kim O'Brien | Oct 23, 2017 | Uncategorized
We are very pleased to announce that Senator David Perdue has agreed to be primary author of a letter to Secretary Acosta similar to the House of Representatives Stivers and Cleaver letter to Secretary Acosta. This is a very big step forward in the FACC Campaign’s...
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