Thursday, March 23, 2006

 

Is Pension Bill On Home Stretch and Are Investors on Board?

Congress is moving forward on adding an amendment to the three-decade-old Employee Retirement Income Security Act (ERISA) that could have a significant impact on the way registered representatives do business.

The main issue for brokers is who can give investment advice and what they can say. A House and Senate conference is considering two bills. Both groups have something to say on the subject, which has been bandied about for years, but this time a compromise is seen as getting somewhere?reaching President Bush's desk for his signature next month.

Is Pension Bill On Home Stretch and Are Investors on Board?
Source: Insurance News Net

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