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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.
Republican Lawmakers Push DOL to Halt Work on Fiduciary Rule
In a new letter to the DOL, Sen. Bill Cassidy (R-LA) and Rep. Virginia Foxx (R-N.C.) asked the DOL to "cease further action" on the fiduciary rule
Incoming DOL Fiduciary Rule Slated for August
The DOL's Spring Regulatory Agenda includes a proposal that would amend the regulatory definition of a fiduciary
DOL Abandons Appeal in Florida 401(k) Rollover Ruling
A new fiduciary rule said to be in the works at the Department of Labor might make the decision moot
A 401(k) Rollover Reckoning
Just before Christmas, the Department of Labor adopted a rule that reinstates the five-part test to determine what…
Labor Nominee Walsh Set for Thursday Confirmation Hearing
Labor nominee Marty Walsh is expected to face many questions about retirement security challenges during confirmation hearing on Thursday.
What Georgia Runoff Results Mean for Biden Retirement Agenda: Slideshow
Introduction With all that happened in the Capitol yesterday, it was a little hard to focus on the…
DOL Fiduciary Rule Sent to OMB, But is it Too Late?
The Office of Management and Budget has received the Department of Labor’s fiduciary rule, known officially as Improving…
EBSA Head Defends Agency Amid Recent Regulatory Controversies
Jeanne Klinefelter Wilson, acting assistant secretary for the Employee Benefits Securities Administration at the Department of Labor took…
DOL Sets Sept. 3 Hearing for Controversial Fiduciary Rule Proposal
After rejecting earlier calls for a hearing on its controversial fiduciary rule proposal from Democratic lawmakers as well…
DALBAR Warns of Hidden Burdens Related to Rollovers in New DOL Rule
Could the Department of Labor have underestimated the compliance costs that would be associated with its proposed regulation…