Proposed regulations that would limit the way that financial advisers are compensated for working with retirement plans are forcing broker-dealers to reconsider how their -representatives sell and advise retirement plans.
Insurance offerings aren't the only products that generate retirement income.
Annuity advoacy organization also wants the government to make it easier for plan sponsors to offer the investments to employees
Fixed-annuity sales are about to receive a new layer of supervision from state regulators.
Previously, the suitability rule imposed an obligation on insurers only with respect to variable annuities. Now it includes variable annuities as well.
John Hailer, president and chief executive of the North American operations of Natixis Global Asset Management, fired off a letter to the head of the Employee Benefit Security Administration.
Advisers once annoyed by LPL Financial's decision to move brokers from three acquired firms off Pershing LLC's clearing platform say they're pleasantly surprised by how the independent broker-dealer has eased their transition.
Legislation allowing defined-contribution-plan participants to convert plan assets to an in-plan Roth account may be passed into law as soon as the end of next month.
Managers of target date funds are adding commodities to their portfolio mixes, but experts wonder whether the moves are substantive or just window dressing.
Fidelity Investments and Bank of America reported this week that conversions were way up over last year, while advisers at smaller outfits are also seeing an uptick in interest in Roth accounts
