Why Jim Watkins’ Fiduciary Disclosure Theory May Be Even Stronger for Fixed Annuities and Pension Risk Transfer (PRT) Annuities James Watkins’ latest article makes an important point that extends far beyond lifetime income annuities.  https://fiduciaryinvestsense.com/2026/06/23/may-it-please-the-court-closing-argument-on-fiduciary-duty-of-disclosure-under-erisa-section-404a-and-section-783-of-the-restatement-third-of-trusts/ His central argument is simple: ERISA fiduciaries have an affirmative duty to conduct an independent investigation and disclose all material … Continue reading Annuities Break ERISA’s Disclosure Rules