Morningstar said that the DOL could go further to protect all investors receiving rollover advice in a variety of contexts. The DOL should revisit the “regular basis” prong of the five-part test to either eliminate this requirement or presume that it is satisfied in the context of a rollover.
Progress Slow On Virus Relief Bill As Negotiations Continue
Negotiators on a huge coronavirus relief bill reported slight progress after talks resumed Monday afternoon in the Capitol, with issues like food for the poor and aid to schools struggling to reopen safely assuming a higher profile in the talks. Multiple obstacles remain, including an impasse so far on extending a $600-per-week pandemic jobless benefit.
The annuity law was introduced in February and quickly passed the heavily Republican Idaho Legislature. Among the new mandates is a requirement that all indexed annuity advertising be preapproved by the Department of Insurance.
U.S. Study Reveals Gaps In Chronic Care Needs And Experiences
New research has shed light on a longstanding healthcare system challenge that affects more than 1 in 3 Americans: Health outcomes are not improving for those with complex, chronic health concerns, even though they see their doctor frequently and take multiple medications.
Biden Wants The Fed To Help Close Racial Economic Gaps
This week, the Biden campaign released its fourth and final plank in the former Vice President’s package of economic ideas: a plan for racial economic equity. But contained in the plan was a less-flashy proposal: asking the Federal Reserve to explicitly take race into account when it sets policy.
How SECURE Changes Retirement Planning
Retirement saving vehicles for most American workers must be improved, as many folks rely too heavily on Social Security as their primary source of income.
Income Annuities Can Be Mighty Structures
Income annuities can be a bridge over the retirement income gap — but only if advisors can build that bridge correctly.
Our Shot
Like millions of viewers, I was captivated by Hamilton recently…
The Importance Of Setting Client Income Goals
Establishing smart income goals can set up advisors for decades of continual and cumulative career success.
Technology Touching ‘Every Aspect’ Of Insurance In Pandemic
When the COVID-19 pandemic chased everyone indoors, an insurance industry that relies on face-to-face contact suddenly had to change course. What happened was insurers, middlemen and agents all learned they can rely on technology to forge a new way of selling insurance products.
How to Shine in Troubling Times
Joe Jordan’s message of optimism resonates in an unsettling time of transition.
Servant Leadership At Work
Hartford’s fire chief used the principles of servant leadership to improve his department’s performance.
Debunking The Great HSA/FSA Benefits Debate
Help employees see how their benefits choices can work together to help them with financial wellness now and in the future.
Someone Who Looks Like Me
The industry examines how it can recruit a diverse advisor force to serve a diverse nation.
What Does The Future Of Deferred Annuities Look Like?
If fixed interest rates remain at low levels for an extended period, where will the money flow?
Time Blocking: The Simple Daily Productivity Hack
Scheduling your days might sound confining, but it actually is liberating.
Emerging From COVID-19: Putting Social In A Socially Distant World
As parts of the country lift some COVID-19 restrictions, don’t expect our social lives to get back to the way they used to be right away, experts say.
A Bountiful Harvest
Ray Jones reaped a successful career using lessons he learned growing up on a dairy farm.
Back To The Future, Part ?
The Department of Labor’s latest fiduciary rule is a prequel wrapped up in a sequel that will likely spawn another sequel.