DOL to Advisors: ‘Take the Pledge’

In the much-anticipated revision of its 2010 proposal to curb conflicted sales to retirement account owners, the Department of Labor asserts that rollover IRAs are within its jurisdiction. It also calls on IRA advisers to sign a legally-binding “best interest contract” if they want to receive commissions.

Envestnet’s Big Annuities Play

Envestnet, with the help of six major annuity issuers, has built a platform where advisors from broker-dealers, banks and RIAs can blend insurance products and investments in the same financial plan. It's a service life insurers can't live without. But will RIAs embrace annuities?

FIAs for Retirement Income (Why Not?)

In this last article in our series on fixed indexed annuities, we consider the potential role of FIAs in providing retirees with guaranteed lifetime income. We find FIAs to be valuable, but underused for that purpose.

The Derivatives that Power Index Annuities

FIA owners can pick from an array of choices as cryptic as those on a roulette table. But if they don't understand options, how can they evaluate these safe but esoteric insurance products?
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RetirePreneur: Marcia Wagner

Marcia Wagner is the founder of The Wagner Law Group, a boutique law firm that focuses on labor and employee benefits issues governed by the Employee Retirement Income Security Act of 1974.

The Case for Working Longer

“Oral and written comprehension and expression and soft skills like emotional stability, conscientiousness, and agreeableness” improve with age, according to a forthcoming book about work and aging.
News

DOL to Advisors: ‘Take the Pledge’

In the much-anticipated revision of its 2010 proposal to curb conflicted sales to retirement account owners, the Department of Labor asserts that rollover IRAs are within its jurisdiction. It also calls on IRA advisers to sign a legally-binding “best interest contract” if they want to receive commissions.