Fixed annuities are positioned for a record year, with fixed-rate deferred and indexed annuities driving the growth.
Insurance groups say the measure, which now heads to the full chamber for a vote, doesn't go far enough.
Rules adopted by 41 states have held down rate increases on newer policies, but some advisers remain skeptical of traditional LTC insurance.
Raymond James is coming off several strong quarters of adviser recruiting.
New bill eases rules around open multiple-employer plans by allowing more employers to band together to offer a common retirement plan.
The brokers worked for the same broker-dealer, which has since been expelled from the industry, at the time of their respective alleged frauds.
Morton Wealth Management is Captrust's 30th deal since 2006.
Policy effectively creates a dual approach for Merrill's 17,000-plus advisers.
Ohio National cited the regulatory climate and sustained low interest rates as reasons why it was going to stop selling annuities.
The president is trying to expand access to workplace retirement savings, but has acted contrary to this goal in the past.
