The retail audience has been a much more popular route for these longevity annuity products.
The Labor Department cleared the last step in the regulatory process before release of its final rule.
Professional financial advisers weigh in on the best ways to use refunds appropriately.
Stan "The Annuity Man" Haithcock heads a new direct-to-consumer website providing annuity quotes and comparisons.
The proposed rule could give brokers an upper hand with respect to rollovers when compared to some fiduciary 401(k) advisers.
Transamerica along with other insurers have upped costs on in-force policies as they've had to contend with persistently low interest rates.
Post-DOL fiduciary rule, industry watchers expect even more outsourcing to help reduce or eliminate fiduciary liability when building plan lineups.
PNC Investments didn't waive sales charges in some funds, and didn't have adequate supervisory procedures in place to catch the lapses, Finra said.
James Poe failed to disclose material conflicts of interest to investors, including receipt of a 20% fee through a firm he owned, according to the Texas State Securities Board.
The firm's new target-date mutual funds beat out Fidelity and Vanguard funds in price by two basis points.
