Bill With Fiduciary Rule Ban, ACA De-Funding Nears House Floor
One provision in H.R. 3354 would ban use of plan fees to keep the public exchange system going.
Public Pensions Are a Good Deal for Taxpayers, Group Argues
Dismantling public pensions would be costly and short sighted, the National Conference on Public Employee Retirement Systems asserts.
Spousal Consent Rules and Marriage Contracts
With respect to ERISA-qualified plans, spouses have certain rights that cannot be taken away without their advance written consent.
Understanding Deferred Variable Annuities’ Two Phases
Proper handling of the two phases — accumulation and distribution — is essential for maximizing a deferred VAs impact.
ProShares Adds Equity ETF Designed for Rising Rates: Portfolio Products
In other product news, Aria RetireOne announced it will start providing a fee-based variable annuity.
$2M Wells Fargo Team Moves to Janney
The recruiting news comes just days after a scathing report about the bank's release of private information on 50,000 clients and advisors.
Dynasty Nabs $1B Breakaway Team From Merrill: Recruiting Roundup
Meanwhile, UBS brings on two teams with a total of $975 million in assets from Merrill's Thundering Herd.
The Truth About Income Riders
Your clients may think of adding an income rider to an annuity as the best of both worlds, but this strategy has a downside.
Do Fee-Based Annuities Have a Future?
Given the stakes, failure may not be an option for the annuity industry, Raymond James annuity expert Scott Stolz writes.
How to Succeed in Retirement Investing in the ‘New Normal’
As capital gains become smaller, investments that are designed for income, like many alternatives, will grow in popularity.