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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.”
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John Rodgers is Managing Partner and Chief Operating Officer at SSA & Company.