John Rodgers, Senior Managing Director and Chief Operating Officer at SSA & Company, was quoted in Financial Advisor on fiduciary regulations and insurance carriers. With a lack of clarity over what the regulations require, insurance carriers may be reluctant to do anything. “This uncertainty creates an unbelievable burden—a bottleneck that’s going to cause a backlog,” John says. Slowing down innovation will in turn impact industry growth, “especially with legacy companies,” he says. “New products are really all they have to bring in new customers.”
John Rodgers is Senior Managing Director and Chief Operating Officer at SSA & Company. Read the full article here.