Advisers Latest

The federal health insurance marketplace may have issued subsides to persons not eligible to receive them during the first open enrollment period, a new report from the Department of Health and Human Services’ Office of the Inspector General has found.

The DOL’s proposed fiduciary rule would likely push some commission-based brokers out of the retirement market altogether, NAIFA’s JuIi McNeely testified during the second day of DOL hearings on the proposed rule.

Commentary: How do we help employees get to the point they can feel they can retire, asks columnist John Ludwig.

Complete, ongoing coverage on the Labor Department's hearings on its proposal to impose fiduciary requirements on retirement advisors from SoureMedia's Financial Planning, On Wall Street, Employee Benefit Advisor and Employee Benefit News.

Of the many industry critiques of the Department of Labor's fiduciary proposal, one of the most oft-repeated is the assertion that new regulations would cut off access to advice for low- and middle income investors — precisely the segment of consumers the initiative aims to protect.

The Centers for Medicare and Medicaid Services has awarded consultancy Booz Allen Hamilton a $202 million contract to be the marketplace system integrator, or general contractor, which includes the federally-facilitated health insurance marketplace, parts of the state-run marketplaces and more.

Commentary: The broker’s dependence on the medical carriers — and their value to the broker’s business business — has about run its course, says columnist Nelson Griswold.

Despite potential savings offered, voluntary programs that provide discounts on products, services and tickets to employees are rarely used and seeing almost no growth year-over-year.

Independent insurance brokers recorded a median organic growth of nearly 6% for the second quarter of 2015, continuing a growth trend that’s been steady for the past few years.

Based on the questions at the oral arguments, how might the Supreme Court rule on King v. Burwell and what are the implications of such a ruling? Watch as Timothy Jost, a law professor at Washington and Lee University, discusses potential outcomes of the ruling, expected later this month.