Browsing Tag
Insured Retirement Institute (IRI)
66 posts
2 Efforts to Overturn DOL Fiduciary Rule Advance in Separate House Committee Votes
While one committee voted to send a resolution to disapprove the controversial rule to the full House for a vote, another advanced legislation that would defund its enforcement
Nine Insurance Trade Groups Sue DOL Over Fiduciary Rule
The lawsuit is the second since the DOL announced its new rule in April
House, Senate Resolutions Introduced to ‘Disapprove’ DOL Fiduciary Rule
Resolution of disapproval under the Congressional Review Act filed today seeks to invalidate final rule set to take effect in September
Fiduciary Rule Reaction: For and Against
ARA among first to express strong support while several groups voice opposition
‘401(k) Industry Owns Congress’ Claims POLITICO Report
While detailing extreme effectiveness of retirement industry lobby, exhaustive report calls it out it for providing tax breaks weighted toward wealthy and blowing out deficit
Insurance Trade Groups Flag Concerns Over DOL Fiduciary Rule Process
A number of insurance organizations called on the Department of Labor to stop on finalizing its fiduciary rule and instead continue its public comment period
DOL Retirement Security Rule Now Under OMB Review, But Changes Unknown for Now
Controversial rule expected to be fast-tracked in effort to make it effective prior to November election while opponents renew calls for its withdrawal
CITs in 403(b)s Bill Headed to Senate
A day after three amendments including 403(b) plan parity and e-Delivery fixes were passed, the Expanding Access to Capital Act clears House
IRI Releases 2024 Retirement Security Blueprint Featuring 33 Legislative Proposals
Among the recommendations includes those on expanding retirement savings opportunities and facilitating usage of annuity products
California’s Adoption of NAIC Annuity Protection Model Means 90% of U.S. Consumers Now Covered
Insurance industry opponents of DOL Retirement Security Rule say move further diminishes its need