PNC to Pay $200,000 for Lax Annuity Exchange Monitoring

Published on June 18, 2025

The firm failed to monitor reps' rates of deferred variable annuity exchanges, FINRA said.

       
Continue reading on website
Other news

Envestnet Partners With BlackRock, Fidelity, Others to Add Alts in Model Portfolios

June 18, 2025
Co-CIO Dana D'Auria says the collaboration will help democratize access to alternatives investments at scale.      Related StoriesSocial Security to Go Bust in 2033: Trustees ReportWhat to Expect in Stocks, Bonds for the Rest of 2025: SchwabOsaic Buys $13.5B Boston-Based RIA

New Social Security Trustees Report Raises Fresh Alarm

June 18, 2025
Significant benefit cuts are expected in 2034, but experts say Congress still has time to fix the imbalance.      Related StoriesSocial Security to Go Bust in 2033: Trustees ReportTrump Urges SALT Deal as Lawler Stands Firm on $40,000 CapWhat to Expect in Stocks, Bonds for the Rest of 2025: Schwab