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.
Bank Giant Enters 401k 3(38), 3(21) Fiduciary Fray
Get used to hearing about three numbers—3(38), 3(21) and 3(16)—and the need to outsource 401(k) fiduciary responsibility. Investment giant PNC…
David Reich on LPL’s Response to 401(k) Fiduciary Rule
How should financial wellness be defined, where are we headed in 401(k) tech, and why aren’t we sick…
Four Areas of 401(k) Focus for the Insured Retirement Institute in 2016
The Insured Retirement Institute isn’t happy with the DOL’s fiduciary proposal, and has dedicated a large portion of…
How Will Fiduciary Rule Impact E&O Coverage?
This isn’t your parents’ E&O insurance. Worries over the exposure that could result from the Department of Labor’s…
A New Twist in the 401(k) Fiduciary Fight?
And so it begins. The effects of the Department of Labor’s Interpretive Bulletin 2015-01, released on Oct. 26,…
House Members Working on Bipartisan Alternative to DOL Proposal
More trouble on the DOL fiduciary front (or not, depending on your perspective). A group of lawmakers in…
Passive Boom: $1 trillion Could Move to Index Funds if Fiduciary Rule Implemented
Here’ another reason to love or hate the Department of Labor’s fiduciary rule (depending on one’s perspective). Reuters…
Fiduciary Fight: Bill to Block DOL Rule Passes House Committee
A major step in blocking the DOL’s proposed fiduciary rule occurred Wednesday, when the House Financial Services Committee…
Fiduciary Rule Critics, Former SEC Chairman Levitt Trade Jabs
Artie ain’t happy. Reuters reports on remarks made by Former Securities and Exchange Commission (SEC) Chairman Arthur Levitt…
Cost Estimate of DOL Fiduciary Proposal Wrong: SBA
Is there revolution in the ranks? In the flood of comments letters from interested stakeholders on the DOL fiduciary…