Top 5 stories for Nov. 17

State retirement plans get DOL blessing

The Department of Labor issued an interpretive bulletin Monday on open multiple-employer retirement plans, making it easier for states to run these types of plans.

Transamerica launches retirement plan product for small businesses

Transamerica Retirement Solutions launched a new retirement plan option for small businesses this month called FastTrack Retirement Plan.

Critical illness coverage reaches tipping point

While advances in medicine are helping more patients survive critical illnesses, nearly half of U.S. households have insufficient savings to cover a major medical condition.

NAIFA reinventing its role in the industry with 20/20 vision initiative

NAIFA has launched a new initiative aimed at reinventing its role as an advocate for advisers. Its five-year strategic plan, dubbed NAIFA 20/20, aims to make the association a more effective resource for an increasingly diverse membership facing some challenging regulatory burdens.

Ten broker-friendly House members

The year 2016 promises to be a busy one in Washington, D.C. with several bills pending that could impact brokers and their employer clients. In alphabetical order, here are ten broker-friendly members of the U.S. House of Representatives who have sponsored/cosponsored important legislation, belong to congressional caucuses that support the industry, and/or have personal experience with the industry, including serving as a benefit adviser.

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