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.
What Labor Nominee Walsh Means for the Fiduciary Rule’s Future
On January 7, 2021, President-elect Joe Biden named Boston Mayor Martin Walsh as his nominee for Secretary of…
Biden Taps ‘Tenacious Regulator’ Gensler to Lead SEC
Gary Gensler SEC nomination signals tougher Wall Street oversight and stronger investor protection under the Biden administration.
Factors That Could Decide Presidential Election: Excel 401(k) 2020 Digital Series
During a retirement planning seminar held the day before the Nov. 4, 2016 election, Samuel Henson admits he…
Graff, Rutledge Talk Politics and Policy to Kick Off NAPA 401(k) Cyber Summit
Politics and policy took center stage in the opening keynote session of the NAPA 401(k) Cyber Summit on…
Return of the DOL’s ‘Five-Part Fiduciary Test’
On June 29, 2020, the DOL issued a rulemaking package consisting of a final rule setting aside the…
Department of Labor Proposes ‘New’ Fiduciary Rule
The Department of Labor said Monday that it will propose a new fiduciary standard based on a temporary…
DOL 401(k) Regulator Preston Rutledge to Step Down
Preston Rutledge EBSA departure announced, ending his tenure leading retirement and healthcare benefit oversight at the Department of Labor.
Eugene Scalia Confirmed as Next Labor Secretary
Eugene Scalia Labor Secretary confirmed by Senate 53-44, raising concerns over worker rights and his past fiduciary rule stance.
Secretary Acosta’s Fiduciary Rules, Resignation and Future
Secretary of Labor Alexander Acosta announced his resignation Friday amid criticism of actions taken in a sex-crimes case…
Acosta Hints at Fiduciary Rule Future in Tense Hearing
Acosta House testimony covers labor budget, priorities, and fiduciary protections during tense exchange with Rep. Marcia Fudge.