Browsing Tag
Department of Labor (DOL)
481 posts
7 Changes to 401ks GAO Wants from the Department of Labor
Lifetime income is the Holy Grail of the financial services industry, with the Government Accountability Office acting as…
Pershing to Offer New ‘Fiduciary Friendly’ Funds
Clearing and custody heavyweight Pershing announced Monday that it will offer new mutual funds and exchange-traded funds (ETF)…
It’s On! DOL Releases Final Rule On State-Run 401k Plans
The U.S. Department of Labor’s Employee Benefits Security Administration made public a final rule to assist states in creating IRAs…
ICI Slams DOL’s Final Rule on State-Run Retirement Programs
Responding to an apparent case of “good for thee, but not for me,” the Investment Company Institute (ICI)…
How to Select the Right Target Date Fund for a Client’s 401k
Target date funds have entered their third decade of existence, but what’s made these investment options even more…
Are 401(k) Advisors on Track With Fiduciary Rule Standards?
Peyton Manning can put it to a jingle. A recently-released survey from Nationwide finds the new Department of…
A DOL 401(k) Fiduciary Rule Right Out of Hollywood
The DOL’s fiduciary standards have not changed the rules. They’ve sharpened the teeth of enforcement by removing the…
President Obama Vetoes 401(k) Fiduciary Kill Bill
President Obama on Wednesday vetoed a congressional resolution to block the Department of Labor’s final fiduciary rule. “Because…
Lawsuit Filed to Block DOL’s 401(k) Fiduciary Rule
In a surprise to no one anywhere, a number of financial services and 401(k) industry lobbying organizations have…
401(k) Folly: What Happened to Labor Secretary Perez at Clinton Rally?
Despite its 1,000-plus pages, the DOL’s fiduciary rule was considered a win for Labor Secretary Tom Perez, further…