Comprehensive Coverage of DOL Final Fiduciary Rule |
More than a few industry insiders and analysts have tipped their hats to DOL and Labor Secretary Perez for listening carefully to criticism and reshaping some of the most controversial elements of the new fiduciary rule.
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Senators File Resolution of Disapproval for Fiduciary Rule |
Senators are concerned that advisers won’t work with smaller accounts because of new legal liabilities associated with the fiduciary rule.
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Inflation Remains Top Threat for Older Americans |
Inflation remains a real threat to retirement readiness and satisfaction, particularly for older Americans, who experience higher inflation rates than other consumers.
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Failure to Outsource Plan Administration Resulted in Self-Dealing |
A district court judge found that City National Corporation violated employee retirement laws when it chose its own staff to administer its employee retirement plan in exchange for “millions of dollars of unchecked, unreasonably high compensation.”
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