Groups Give Early Praise to DOL ANPRM On Lifetime Income as a ‘Good First Step’

Groups Give Early Praise to DOL ANPRM On Lifetime Income as a ‘Good First Step’

The Department of Labor’s recently issued advance notice of proposed rulemaking that would require lifetime income illustrations to be included on pension benefit statements is a “good first step” toward furthering retirement income education, retirement industry groups told BNA in a series of interviews.