The firm is developing its first fee-based variable annuity, which many experts say is the future of the product line in the qualified market.
The firm hopes to make it easier for clients and advisers to understand sales charge reductions and waivers.
MetLife is the second major insurer to exit the brokerage business, in the sale of its adviser unit to MassMutual. Mergers may be on the rise due to the Labor Department's proposed fiduciary rule.
Rule advocates say it would save investors $17 billion a year. House Republicans call it 'Obamacare for financial planning.'
Former Fed vice chairman says he doesn't support litigation over the controversial regulation.
Peter Neuberg agreed to a six-month suspension and $15,000 fine.
Recent 'Last Week Tonight' segment is just one example of the growing awareness of this issue.
Mr. Thibeault solicited investors to a fund that reported fake consumer loans.
The move would allow insurers to sidestep additional risk in distributing through independent agents.
Two Finra cases this month alone underscore the efforts some registered reps take to sabotage their company when leaving.
Plus: Soros fights Brexit with scare tactics, what the Queen thinks about the Brexit vote, the smart-beta evolution, and alternative retirement lifestyles
More companies will invest in technology to help them comply with new regulation, according to a SS&C Technologies Holdings survey.
Large, medium and small firms are all on the radar of the SEC and Finra.
Group sent letters of admonition to the advisers for misrepresenting their method of payment as fee-only.
Florida planners will continue legal battle over use of fee-only compensation label.
House Republicans rolled out a tax-reform plan on Friday that would reduce the number of individual rates to three and eliminate many deductions.
Labor Department's principles-based rule raising investment advice standards for retirement accounts gives firms flexibility in how to meet compliance.
Interest group argues the fiduciary advisers it represents provide the type of protections intended by the standard.
The star of a late-night HBO comedy show had some biting words for non-fiduciary brokers, high 401(k) fees and active fund management.
The battle over the DOL rule is now moving into the court of public opinion. <i><b>Plus: <a href="//www.investmentnews.com/article/20160613/FREE/160619978/john-oliver-lambasts-u-s-retirement-savings-system-supports-dol"" target=""_blank"" rel="noopener noreferrer">Advisers react to comedian John Oliver's biting takedown of brokers and America's retirement system</a>.</b></i>
