Guests at the RPA Convergence Broker-Dealer Roundtable and Thinktank say it might be a while before annuities are used in many plans.
A small section of Tuesday's spending bill will help some employers avoid partial plan terminations
Record keepers lament the tendency for many plans to stay put, but big 401(k)s are often priced so low that no one bids for them
The measure follows legislation that would let nonprofits participate in pooled employer plans
The new interpretation on the definition of advice has some benefits for plan advisers, and it will be in place even if the rule is halted
People are tacking on nearly $2,000 to credit card balances pay for holiday presents, a survey found
The decision follows a similar one by Prudential Financial to stop selling variable annuities with living benefits, amid extremely low interest rates
In an unusual move, a broker-dealer is picking up a plan administrator
New cases were filed against employers, and insurers have tamped down limits on fiduciary liability coverage
While the majority of plans don't include such options, employers have become more receptive to financial wellness, according to new research