In this video, Mark Wahlstrom looks at the issue of regulating financial advisors and the trend for greater regulation for life and annuity agents on the state and federal level. Recent state regulations on commission disclosure, federal regulations on medical payments and other issues could easily begin to impact how structured settlement agents and professionals approach the issue of compensation disclosure.
Of greater concern is the trend of structured settlement agents and planners providing free or essentially free trust, administration and lien resolution service in exchange for the opportunity to write annuity and life insurance premium on a large group of claimants. Is this essentially a rebate?
This weeks edition of Speaking of Settlements, a featured production on settlementexpertTV.com looks at this increasingly problematic issue. To learn more about Mark Wahlstrom and his expertise in structured settlements, settlement planning and mass tort claims administration go to wahlstromandassociates.com