Browsing Tag
Department of Labor (DOL)
516 posts
The U.S. Department of Labor (DOL) is a cabinet-level federal agency that focuses on the welfare of American workers. It’s responsible for enforcing labor laws, promoting safe working conditions, and ensuring fair employment practices. The DOL also oversees programs related to unemployment benefits, job training, and workplace safety.
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…
Envestnet Advisor Summit 2016: ‘Fiduciary Rule Bad for Long-Term Business’
An early afternoon interview on an outdoor patio adjacent to the Chicago Hilton brought welcome relief for Brian…
401(k) Rollovers: Still a $12 Trillion Deal?
Talk of a 401(k) rollover storm, tsunami, surge (whatever the metaphor) hits fever pitch and the federal government’s…
President Obama to Veto House Bill Blocking 401(k) Fiduciary Rule
Put President Obama in the ‘nay’ column. The White House said he will veto a bill to block the…
401(k) Fiduciary Rule Fallout: What it Means For Advisors
Last week, Secretary of the Department of Labor (DOL) Thomas Perez released the final version of the long…
‘Father of 401(k)’ Ted Benna Sounds Off on DOL Fiduciary Rule
Ted Benna wants to make something absolutely clear; a warning for 401(k) advisors specifically, and the industry in…