Displaying 59 results
The drawback of Richard Thaler’s 401(k)-Social Security idea? Social Security itself
Observers think Congress would need to address Social Security's funding levels and offer enhanced protections for the concept to work.
House committee unanimously approves sweeping retirement bill
Measure would help small businesses offer plans, require that statements include lifetime-income projections, ease use of annuities in plans and increase the RMD age.
ACLI comes off bench to support legislation requiring employers offer access to retirement plans
Life insurance organization argues automatic plans would be 'marketplace solution,' not big government.
SEC Regulation Best Interest allows harmful broker practices, state regulators say
NASAA asserts industry support of proposal proves it needs to be beefed up.
Insurance groups tell NAIC to put 'best interest’ back into annuity suitability rule draft
Investor advocate calls insurance proposal weaker than existing broker suitability standard
Maryland bill would impose fiduciary duty on brokers, insurance reps
New legislation would require financial professionals to act 'without regard to' their own financial gains.
Annuity and mutual fund interests at odds over 401(k) disclosures
Insurance groups facing off against retirement industry stakeholders over issue of lifetime income illustrations.
Here’s how a Democratic House will affect financial advisers
While the new majority is unlikely to block the SEC advice rule, retirement income advocates forecast momentum for annuities legislation.
State insurance commissioners draft annuity sales rule
But consumer advocate says proposal doesn't elevate standard beyond current suitability.
Insurance executives push House to add annuity provision to tax reform bill
Insurance executives back measure making it easier to add lifetime income features to workplace savings plans.
Don’t shoehorn advisers into broker regulations: IAA
In comment letter, Investment Adviser Association criticizes SEC advice rule for net capital, account statement and licensing requirements.
New York issues final best-interest regulation for annuity, life insurance sales
State insurance commissioners don't include life products in their annuity suitability reform.
Hurry up and kill the DOL fiduciary rule already, insurance groups tell 5th Circuit
ACLI, NAIFA say delay in issuing mandate causing 'palpable uncertainty' for industry.
Retirement-savings bill draws broad support, optimism for passage this year
Industry groups and investor advocates alike seek enactment of the measure that increases workplace plans, eases annuity inclusion.
Delay of DOL fiduciary rule enforcement mechanisms now final
Supporter of regulation calls the postponement 'an effective repeal of the rule.'
House panel approves legislation to kill DOL fiduciary rule, and 2 other adviser-related bills
The measures, which include revising the accredited investor standard and safeguarding those who report elder financial abuse, head to the House floor but face varying degrees of difficulty in the Senate.
Fiduciary advocates press CFP Board for specifics on standards changes
Meanwhile, few brokerages and their trade associations, which blasted the DOL's fiduciary rule in comment letters, are responding to the CFP Board's proposal.
Industry groups opposing DOL fiduciary rule maximize spending on author of bill to kill measure
Brokerage industry dominates investment-adviser sector in political, lobbying spending.
Consumer and insurance groups disagree on advice standard for annuity sales
Consumer groups and American Council of Life Insurers square off over how stringent the investment advice standard should be.
DOL fiduciary rule opponents want to push implementation back until 2019
ICI, Chamber of Commerce among groups asking for delay, while Democratic lawmakers call on DOL to keep to its earlier planned schedule of Jan. 1, 2018.
