Embedded annuities return to the table

Steyer, Robert
November 2017
Pensions & Investments;11/13/2017, Vol. 45 Issue 23, p0003
The article presents a report from the U.S. Treasury Department on multiple financial, regulatory and legal issues in 2017. The report stated that the fear to be used under the Employee Retirement Income Security Act is the main deterrent to offering an in-plan annuity alternative. The report recommends that the Labor and Treasury departments need to develop proposals on how to certify or establish one or more independent fiduciary entities to assess annuity providers' financial strength.


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