The restrictions have negative economic consequences, according to research supported by business groups.
Reverse mortgage options are no longer a last resort – used strategically, they can be part of financial planning in retirement, proponents say.
Many pension risk transfers in recent years have gone to Athene, and two recent suits over plans' choice of the insurer suggest more cases will follow.
The law firm behind one of the cases is well-known for its 401(k) and 403(b) litigation: Schlichter Bogard.
The proposed budget seeks to increase taxes for corporations and the wealthy.
Even though shareholders withdrew their proposals, the company is pressing ahead with its lawsuit, and lobbying groups are supporting it.
Fixed annuity sales broke records, pushing Athene Annuity & Life to top-seller status.
With the final version of the rule now at the Office of Management and Budget, it won't be long before it's published. Don't expect a lot of changes, lawyers say.
Even as the stock market and gold are at high points, spot bitcoin ETFs have been raking it in, with one of them becoming the fastest ever to reach $10 billion.
Expressive Wealth, led by women, takes an approach that includes having a clinical psychologist on staff.
