Actuarial Guideline 49, the second phase of which goes into effect next month, highlights how advisers can't rely on illustrations when assessing the strength of a policy.
Legislation sponsored by Senator Jeff Merkley (D-Oregon) would establish a universal savings account for all working Americans regardless of the size of their employers.
Deciding between traditional and combination products can be difficult, but better understanding plan features can help.
For many retirees, the conventional way of thinking may not be the most tax-efficient.
Advisers should consider whether collective trust funds and separate accounts offer lower expenses than their mutual fund counterparts.
Insurer says the spinoff would be financially strong, and insurance contracts would remain with their original carriers.
Measure would encourage advisers and financial institutions to report potential fraud, while protecting them from civil or administrative liability.
Will putting iconic fund firm in the crosshairs turn fiduciaries' attention toward overall value and away from fees?
The firm's clearing and custody division is partnering with EverSafe to help advisers protect senior clients from fraud.
A pioneer in bringing lawsuits over retirement-plan fees is investigating several large plans, building on recent successes and a broader wave of litigation.
