Compliance | September 24th, 2024 DOL Plans Appeal to Revive Retirement Security Rule The Department of Labor issued notice that it will appeal two Texas federal court decisions halting its fiduciary rule regarding...
Compliance | July 29th, 2024 Second Texas Federal Court Broadens Stay of DOL Retirement Security Rule Decision in the American Council of Life Insurers’ case adds a stay on prohibited transaction rule.
Compliance | May 3rd, 2024 Fiduciary Rule Lawsuit Leans on Past Court Strike-Down An advocacy group for independent insurance advisers alleges the DOL’s Retirement Security Rule is similar to a proposal struck down...
Data and Research | May 2nd, 2024 Morningstar, NAPFA Affirm Support for Final DOL Fiduciary Rule Morningstar policy brief analyzes the impact of the Department of Labor Retirement Security Rule.
Compliance | August 24th, 2020 DOL to Hold Hearing on Investment Advice Proposed Rule The DOL said it received several requests for a hearing during the comment period and commenters expressed interest in its...
Compliance | December 16th, 2019 Warren Asks DOL Secretary Not to Mimic Reg BI The Democratic presidential candidate fears the DOL is considering a fiduciary rule that would permit advisers providing advice on retirement...
Compliance | October 19th, 2018 DOL Not Giving Up on Fiduciary Rule Both the DOL and SEC have a September 2019 date for a final action on corresponding fiduciary and best interest...
Compliance | February 23rd, 2018 IRI Calls on Congress to Pass Mandatory 401(k) Legislation A blueprint from the Insured Retirement Institute offers a guide for its dialogue with Congress and the Administration about improving...
Investing | December 21st, 2017 Fiduciary Concerns to Know When Debating Managed Accounts Before implementing managed accounts—either as a QDIA or voluntary option—plan sponsors should consider potential fiduciary issues.
Compliance | November 27th, 2017 DOL Delays Full Implementation of Fiduciary Rule Again The new delay is for 18 months.
Deals and People | October 13th, 2017 Trump Eying Top Aide to Sen. Hatch for Lead EBSA Role The future head of EBSA would play a substantial role in the fate of the fiduciary rule.
Products | September 21st, 2017 Voya Extends Framework Retirement Program to Tax-Exempt Market The mutual-fund based program also offers an in-plan retirement income option and access to 3(38) fiduciary services.
Participants | September 11th, 2017 Most Participants Not Receiving Retirement Savings Advice Of those who do seek retirement investments advice, financial advisers are the most utilized source, according to a survey by...