1210-AC38 comment 3573 Finseca 06012026
FinsecaSupportTrade association
Summary: Finseca, a national trade association representing insurance agents and producers, strongly supports the DOL's proposal to create a regulatory safe harbor for selecting designated investment alternatives. They argue the proposal will reduce frivolous litigation and encourage plan fiduciaries to offer lifetime income products that provide value to participants.
On behalf of my client, Finseca, I attach the following comment letter from CEO Marc Cadin regarding the Fiduciary Duties in Selecting Designated Investment Alternatives proposal.
Please feel free to contact me at (571) 243-1938 with any questions.
Sincerely,
Bradford Campbell
Partner
Faegre Drinker