| DOL Publishes Fiduciary Rule Hearing Schedule |
| The Department of Labor has released its agenda for next week’s public hearings to discuss the department’s proposed fiduciary rule changes. Hearings on the controversial rulemaking will take place over nearly four full working days—August 10 through 13—at the Department of Labor (DOL) offices in Washington, D.C.
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| 11th Circuit Reaffirms Delta Air Lines Stock Drop Victory |
| Few legal challenges seem to survive quite as long as lawsuits under the Employee Retirement Income Security Act, and some “stock drop” cases have had truly impressive lifespans. Consider the recently reaffirmed appeals court decision in Dennis Smith v. Delta Airlines. A district court initially dismissed the challenge in March 2006, but the subsequent appeals have only just concluded.
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| IRS Unveils Mortality Tables for 2016 Pension Funding |
| “The misery of uncertainty is worse than the certainty of misery,” commented one retirement industry expert, on the release of 2016 IRS static mortality tables.
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| Health Care Costs Remain Major Retirement Expense |
| A 65-year-old couple can expect to pay $220,000 on health care in retirement, a government group says. This far outstrips the average retirement savings of U.S. workers.
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