There is one way to help avoid such litigation in the future, one lawyer says: Get rid of vesting schedules.
The increasingly popular strategy lets people transition socially and financially, advisors say.
Eligibility is expected to be expanded for the 2025 filing season.
For those who want to avoid becoming fiduciaries, be wary of the line between education and advice, lawyers warn.
A new study suggests small businesses that use fiduciary-grade advisors pay lower-than-average fees overall, with more reductions for larger plans.
A new bipartisan bill proposes to expand tax credits for small businesses to start offering workplace pension plans.
Retirement health care coverage is already on the minds of millennials.
A coalition of trade associations including the Insured Retirement Institute, ACLI, and NAIFA has filed a civil suit against the contentious Retirement Security rule.
Rather than leaving cash exposed to “vulture” lawyers, the ‘90s chart-topper prefers two estate tax planning solutions.
The treasury secretary says proposed annual wealth tax on the ultra-affluent, currently tabled among G7 and G20 countries, won’t get US support.
Financial advisors weigh in on America's $34 trillion debt and whether they need to adjust their client portfolios because of it.
Data from more than 45 million 401(k), 403(b) and IRA accounts show steady contributions even as "vibecession" weighs on savers.
Research lifts lid on RIAs' use of annuities, growth strategies, and opportunity to take wallet share from banks.
With two-fifths of US adults worried long-term care costs would keep them from retiring, many are placing their hopes on AI.
Latest survey reveals all-time high of $106.7B in Q1 sales, with winning streaks in fixed-rate deferred annuities, FIAs, and RILAs.
A trend of exits from the state could see nearly 100,000 residents with a combined $19.2B in income leave annually by 2030.
The lifetime income research provider’s collaboration brings a new tech platform to empower advisors using annuities.
Concern about current conditions weakening retirement savings has eased.
Research from the Alliance for Lifetime Income reveals widespread concerns on Social Security, and growing risks for the “sandwich” generation.
Associations for life insurers and financial advisors laud the move, renews call for “sensible protections” around guaranteed lifetime income products.
