We sifted through the nearly 1,000-page proposal and picked out some of the most important points.
The proposed rule puts new restrictions on brokers, but it is still unclear how strongly the SEC is clamping down.
Chances of getting sued are more common now than five years ago, says one lawyer.
Proliferation of state retirement programs approaching the 'tipping point' where it will lead the federal government to step in.
Insurer had planned an offer to holders of its Accumulator Series variable annuity
AXA Equitable and Ohio National have recently tried switching consumers out of VAs with rich benefits through buyouts and exchanges.
Consolidation, unbundled platforms and the use of proprietary funds play a role, according to retirement plan advisers.
Ingham Retirement Group, which works primarily with employer-sponsored plans, left because the firm's brokerage business had been declining.
$9.5-billion Independent Financial Partners to jump ship, create its own broker-dealer.
Concurrent concern brewing over a pilot program being beta-tested through next year, possibly longer.