The so-called FIFO provision could also lead to yet-unrealized planning opportunities for advisers.
They say rule didn't go far enough and more stringent measures may be necessary.
Regulators question why investors would pay more for additional liquidity on a long-term product.
Firms such as Dynasty Financial Partners and Raymond James have seen an uptick in engagement among wirehouse brokers.
Employers are increasingly paying insurers to cover their pension liabilities
New excessive-fee suit alleges multiemployer plan covering more than 27,000 participants breached its duties under retirement law.
Hub International jumped in two months ago, and already has acquired a shop with $2.5 billion in plan assets.
Annuity sales have hit a 15-year low, primarily due to the Department of Labor's fiduciary rule.
Using 'open MEPs' and auto-IRAs might close the coverage gap and reduce plan costs.
Some providers are paying incentive compensation to representatives to promote their managed accounts to participants.
