Advisor: DOL Rollover Fee Disclosure Plan Would Hurt Annuities
By Allison BellThe higher cost of annuities versus other options could deter investors, says the president of LCM Capital.
November 21, 2023
Brighthouse Adds Indexed Annuity With Lifetime Income RiderMyles Lambert says the new product reflects clients' mixed feelings about their nest eggs.
November 21, 2023
Fidelity International CEO Unexpectedly Steps DownFidelity International assets almost doubled during Anne Richards' tenure to $714.3 billion as of Sept. 30.
November 20, 2023
Insurers Should Test for Post-COVID Mortality Risk, Group SaysThe Insurance Collaboration to Save Lives has proposed screenings for heart, blood and artery problems.
November 20, 2023
Edelman Accuses Mariner Wealth of Poaching SchemeMariner has "openly stated that its purpose is to 'run Edelman out of business,'" a lawsuit alleges.
November 20, 2023
SEC OKs New FINRA Rules for Home Offices, Remote InspectionsThe changes "reflect today's hybrid work environment while still providing critical investor protections," FINRA said Monday.
November 20, 2023
Citigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringThe cuts are part of the bank's plan to shift from two core operating units to five key businesses, including wealth management.
November 20, 2023
SEC Fines Two Brokers for Reg BI ViolationsThe brokers used "frequent in-and-out trades," the regulator said.