Insurance Advisors to Use the F (fiduciary) Word?

While a life insurance agent/broker may be a valuable resource and advisor, the very nature of today's products and compensation structure, coupled with the lack of transparency, create substantial conflicts of interest between what is best for the client and what is best for the agent. What are the conflicts, how meaningful are they and how can families protect themselves? This paper from Pelagos Advisors advocates a fiduciary standard for agents to ensure accountability.