Some indexed annuity distributors are poised to get a shot in the arm from the proposal, which would make it easier for independent agents to sell the annuities under the rule.
The Massachusetts senator and Rep. Elijah Cummings have asked the insurance company's CEO for information on sales of term life insurance through Wells Fargo.
Regulator says new type of VA is highly complex and uses structured products — not mutual funds — in the sub account as the underlying investment.
Copycat lawsuits targeting 403(b) plans, as well as litigation probing a fiduciary's duty to monitor investments, the DOL fiduciary rule, church retirement plans and cybersecurity issues are likely to crop up this year.
While we can't foresee what the next four years may bring, we know that one thing under our control is the disciplined deferral of gains and routine harvesting of losses.
These pointers can help advisers reduce confusion for new required minimum distribution clients.
But there are easier ways to give to charity that still afford donors a lot of control.
Implementing a financial wellness program without any means of measuring its success is a failure, according to advisers and analysts.
In fiscal year 2016, the $905 billion spent on Social Security benefits accounted for nearly one-quarter of federal spending.
Economist and Nobel laureate Robert Shiller thinks this could be a pivotal moment for the U.S. housing market.
Demographics, demise of pensions will shift focus from assets to income planning.
Surviving spouse can choose when to collect each benefit.
While many parents are leery of asking their children for help with their finances, most adult children surveyed said they actually wanted to help.
The asset-side case for stocks is unambiguous, though most people think that bonds hedge human capital better than stocks.
Unless a lot more people open accounts, the program's impact on America's retirement savings shortfall will remain a rounding error.
Plaintiffs claim excessive fund fees cost participants roughly $20 million, while high record-keeping fees cost them an additional $9 million.
New research finds a lump sum of $60,000 can make a big difference.
Continuing confusion over claiming strategies creates opportunities for advisers.
The trend of automatic enrollment adoption is trickling down to the smallest plans, while employers are also increasing their deferral rates above 3%.
Unless a lot more people open accounts, the program's impact on America's retirement savings shortfall will remain a rounding error.
