Browsing Tag
DOL Fiduciary Rule
92 posts
The DOL Fiduciary Rule is a U.S. Department of Labor regulation that requires financial advisors and brokers who provide investment advice on retirement accounts (like IRAs and 401(k)s) to act in their clients’ best interests. It expands the definition of “fiduciary” under ERISA, aiming to reduce conflicts of interest, increase transparency, and protect investors from biased advice driven by commissions or fees.
‘Most Viewed’ Articles of 2023 Driven by 7 Topics
A look back at what subjects resonated most with 401(k) Specialist readers over the past year
Fiduciary Comments Hit 16k as DOL Releases Hearing Transcripts
The Department of Labor sees an influx of comments on the proposed rulemaking, as the federal agency issues transcriptions on early December hearings
Empower’s Murphy: DOL’s Retirement Security Rule ‘Should be Withdrawn Immediately’
Recordkeeper’s comment letter released today says proposed regulation would hurt retirement plan formation
‘A’ List Industry Lineup Set to Testify in Dec. 12-13 Fiduciary Rule Hearing
DOL publishes agenda for two days of online hearings on its controversial proposed retirement security rule, related proposed exemption amendments
House Passes Amendments Blocking DOL Fiduciary Rule
In response, the Biden Administration said the president would veto the bill if it passed the Senate
Insurance Industry Questions Next Steps for DOL Fiduciary Rule
In light of the Department of Labor's latest fiduciary proposal, critics question whats to come for the insurance industry
House to Vote on Bill Blocking Funding for DOL’s Fiduciary Rule
The spending bill contains three key amendments that would restrict funding to the fiduciary proposal
Financial Groups Request Comment Period Extension for DOL Retirement Security Rule Proposal
Coalition says 60 days “not nearly enough time” to review and comment on controversial 500-page proposal
DOL Fiduciary Rule Released; Industry Reaction Pours In
President Biden will speak about the rule from the White House at 3:30; new proposal applies a fiduciary standard to retirement advice on rollovers
First Public Look at New DOL Fiduciary Rule Coming Soon
White House OMB review winding down for controversial rule covering rollover advice; comment period could start as soon as this week