Greg was a reporter for InvestmentNews from 2015 to 2019, covering defined-contribution plans, retirement planning, insurance, taxes and estate planning, before then moving to CNBC as a Personal Finance Reporter. He tweets at: @GregIacurci
Mr. Fisher's company formerly held tens of millions of dollars in the stock of major companies selling indexed and variable annuities.
Wirehouse cites client demand and a new regulatory environment in deciding to abandon its pioneering stance on commission IRAs.
Strategy is an extension of efforts that began due to the DOL fiduciary rule, observers say.
Record keeper widens the gap between itself and the bulk of its 401(k) competitors.
IRS points way toward coupling repayment programs with employer retirement plans.
Two dozen insurance companies and mutual fund firms form the new group to reframe perceptions and boost product awareness.
In all, around 370 advisers sold the Future Income Payments, according to plaintiff's attorneys
Both died without a spouse, and their estates need to undergo complex valuations to determine tax liabilities.
Indexed annuity sales also broke their previous quarterly sales record.
Settlement is among the largest for financial services firms ensnared in similar litigation.
