ACLI Urges Labor Department to Revoke, Replace Regulation Harmful to Retirement Savers
In its response to the department's
The regulation's bias against commission-based compensation arrangements has already restricted access to annuities, the only product available in the marketplace providing guaranteed lifetime income, ACLI said.
ACLI also strongly advised the department to coordinate with the
The department is examining the regulation as directed by the president's
Sens. Van Hollen, Cardin Announce $177,239 to Newburg Volunteer Rescue Squad and Fire Department to Purchase New Breathing Apparatus
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