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ACLI Members Concerned IB 95-1 Changes Will Cause Chilling Effect on PRT Market

The American Council of Life Insurers expressed support for DOL regulation, instead of an interpretive bulletin, to address concerns about selecting an annuity provider in a PRT deal.

United statesDavid turneyJillian fromentMariana gomez vockPreston rutledgeOccupational pensions authorityInternational monetary fundAmerican council of life insurersPension benefit guaranty corporationLabor for the employee benefits security administrationDepartment of laborT incApollo global management incLife coBermuda monetary authorityInterpretive bulletin

Here we go again!

Here we go again!
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

White houseDistrict of columbiaUnited statesFred reishBrad campbellJillian fromentKevin mayeuxJoe bidenJohn hiltonBiddle reathGeorgew bushLael brainardDepartment of laborSupreme courtNational association of insuranceNational economic council

Labor Department sets comment schedule for new fiduciary proposal

Labor Department sets comment schedule for new fiduciary proposal
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

United statesJillian fromentJohn hiltonJoe bidenCircuit courtEmployee benefits security administrationDepartment of laborLabor departmentAmerican council of life insurersUs department of laborOffice of regulationsNow accepting commentsSecurity ruleInvestment advice fiduciaryInvestment adviceAmerican council

Biden criticizes advisors who put their pay over clients returns

President Biden warned advisors not to recommend high-fee products that line their pockets rather than help clients build a nest egg.

United statesWhite houseDistrict of columbiaKnut rostadJillian fromentKate mcbrideJason berkowitzAmerican council of life insurersDepartment of laborRetirement instituteInstitute for the fiduciary standardExchange commissionPresident bidenEmployees retirement income security actInsured retirementAmerican council

Important Step or Out of Touch ? Reactions to DOL Proposal Run the Gamut

Financial sector responds to proposed amendments to advice regarding retirement plan rollovers and annuity sales.

United statesWhite houseDistrict of columbiaJoe bidenWayne chopusJillian fromentBrian graffKennethe bentsen jrDepartment of laborExchange commissionAmerican council of life insurersCertified financial planner board of standards incRetirement instituteAmerican retirement associationPresident joe bidenCertified financial planner board