Browsing Tag
401(k) Fiduciary Rule
102 posts
The 401(k) Fiduciary Rule is a U.S. regulation requiring financial advisors and plan sponsors who manage or recommend retirement accounts to act in the best interests of participants. It holds them to a fiduciary standard, meaning they must avoid conflicts of interest, provide prudent investment advice, and prioritize clients’ financial well-being over their own compensation.
Fifth Circuit Acts Quickly in Granting EBSA Request to Dismiss Fiduciary Rule Appeals
Opponents celebrate developments; DOL could put forth a new fiduciary rulemaking effort as soon as next May
Walberg Calls for DOL to ‘Rescind or Withdraw’ Fiduciary Rule
Chairman of House Committee on Education and Workforce urges new Labor Secretary to kill controversial rule in March 19 letter
The Best of 2024: Most-Viewed Content
As the year comes to a close, here are the topics and coverage that caught readers’ eyes over the past 12 months
DOL Fiduciary Rule, ESG Considerations Likely DOA Under Second Trump Term
Trump Administration expected to abandon current DOL rulemaking effort; eliminate or limit fiduciaries' consideration of ESG factors when selecting plan investments
Fiduciary Rule Update and ERISA at 50 with Lathrop GPM’s Allie Itami
On this episode, ERISA attorney Allie Itami discusses the fiduciary rule delays, its impact on compliance, and challenges with annuities in 401(k) plans.
2 Efforts to Overturn DOL Fiduciary Rule Advance in Separate House Committee Votes
While one committee voted to send a resolution to disapprove the controversial rule to the full House for a vote, another advanced legislation that would defund its enforcement
House Committee Vote to ‘Stop Biden’s Fiduciary Rule’ Set for Wednesday
Approval of resolution by the House Education and Workforce Committee would make it eligible for a full floor vote
FSI, SIFMA Join Lawsuit Against Fiduciary Rule; CFP Board Backs It in Separate Suit
Filings opposing and supporting the rule are in response to two separate lawsuits challenging rule currently set to take effect in September
Fiduciary Rule Update: Hearings, Lawsuits and Compliance Prep
With just 3 months until the DOL’s Retirement Security Rule is scheduled to become effective, here’s a look at some of the latest developments
Jerry Schlichter Preps Advisors for Fiduciary Rule Changes
The DOL’s new fiduciary rule is scheduled to become effective in September, and retirement plan advisors and plan…