Insurer to stop issuing the GMIB Plus IV rider Feb. 24
Families earning more than $250K lose incentive; those without plans can access an auto-IRA
The American Society of Pension Professionals and Actuaries and its sister organization The Council of Independent 401(k) Recordkeepers have asked the Labor Department for more time to meet enhanced fee disclosure requirements.
Insurer to pay nearly $10M to close case; states claim carrier had commission arrangement with Uvest, ProEquities
Advocacy group demands update on rule revamping; 'withdraw and re-propose, not withdraw and walk away'
An attorney for Matthew Hutcheson, a well-known fiduciary advocate who is being investigated by the Labor Department for alleged abuses in handling his clients' retirement funds, is asserting that his client has done nothing wrong and that the money is safe
DOL said to be investigating claims Hutcheson stole money from plan sponsors; he trumpeted fiduciary standard to Congress
Facing regulatory and cost pressures, many consider selling out to larger firms