White House, others question annuity safeguards
Once again, annuities are at the heart of a debate over retirement savings and investor protection. The DOL says state oversight of sales of the products isn’t strong enough.
In the scrum over the Department of Labor’s latest proposal to raise investment advice standards for retirement savings, everyone is piling on oversight of annuity sales.
The White House promoted the DOL measure as an antidote to what it asserted is weak state regulation. President
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