Bankruptcy appeals panel said IRA and 401(k) assets obtained through divorce can't be shielded from creditors.
Some experts believe the offer is related to the company's recent decision to discontinue trail commissions on some VAs.
Negative stereotypes of young investors are preventing many firms from courting this valuable potential client pool.
Company plans to bypass record keepers and ask plan sponsors directly if they will offer its managed accounts to retirement plan participants.
The controversial elimination of trail compensation on certain VA contracts won't apply to this firm's brokers.
Advisers are concerned that Ohio National's "scorched-earth policy" may lead other insurers to take a similar action.
But the proposal doesn't create "open MEPs," as many in the industry had been hoping.
Award is the largest penalty for UBS involving the Caribbean island to date.
Departure by Retirement Benefits Group comes on the heels of IFP's decision to start up its own broker-dealer.
Service providers are getting pinched by fee compression.
