Brokers believe to «Contractually acknowledge fiduciary status» is reasonable, 47 to 33 % (20 % neither) and to «Receive no more than reasonable compensation» is reasonable, 54 to 17 % (30 % neither). (thefiduciaryinstitute.org)
«As a result, insurance companies can market their group variable annuity contracts to 401 (k) plans without concern of fiduciary status due to the annuity component,» Reish explains. (thinkadvisor.com)