Tag: Department of Labor (DOL)
ERISA vista
Varying Fees
Can an adviser charge different fees for different investments in a retirement plan?
fiduciary fitness
Trump Order and Employee Benefits
Will the updating of existing regulations be treated as new regulations?
Consumer Groups Vow to Continue Fighting for Fiduciary Rule
Their “Retirement Ripoff Counter” shows that without the protections of the fiduciary rule, investors are losing $1.9 million an hour, $46 million a day—and $17 billion a year.
Majority of Plan Auditors Handle Five or Fewer Audits
This lack of experience can lead to mistakes, ERISApedia.com says.
DOL Delays Fiduciary Rule by 60 Days
The Department is making the move in response to the Trump memorandum.
OMB Receives Final Fiduciary Rule Delay Language
The Trump administration is nearly set to formally implement its delay of the Obama-era DOL fiduciary rule, set to take effect in just two weeks, aimed at curbing...
IRI Releases 2017 Policy Blueprint
The Insured Retirement Institute will spend the year pushing Congress and the Administration to advocate for legislation that would expand Americans’ access to advice and simpler annuities.
J.D. Power Polling Reveals Investor Opinions on Faulting Fiduciary Rule
Market forces may drive some of the reforms the Department of Labor sought to achieve under the Obama presidency—but a cadre of investors also remains committed to commissions.
Litigating Prudence Versus Litigating Fees Under ERISA
Discussion of 401(k) litigation often fails to draw important distinctions between different ERISA standards that pertain to fiduciary prudence and controlling plan costs, according to one reader of...
DOL Publishes Field Assistance Bulletin Regarding Fiduciary Rule Delay
The Department of Labor is seeking to offer assurance to advisers that it does not intend to enforce the fiduciary rule slated for implementation April 10, even if...
Retirement Industry Weighs In On Trump's Fiduciary Rule Delay
In comment letters to the DOL, investment firms, retirement plan service providers and trade groups voice support for the decision to delay the implementation of the new fiduciary...
Joint Congressional Resolution Targets Public DC Plans for Private Sector
GOP lawmakers in the House and Senate suggests it is a federal government overreach for DOL to encourage or require states to offer workplace retirement savings programs for...
Experts Still Expect Private Enforcement of Fiduciary Standard
Even if the DOL leadership under President Trump declines to enforce a strict fiduciary standard, private litigators will undoubtedly pick up any slack if the administration fails to...
IRS Updates Reporting Disclosure Guide
The Reporting and Disclosure Guide for Employee Benefit Plans was prepared by the IRS as a quick reference tool for certain basic reporting and disclosure requirements under ERISA...
DOL Fiduciary Rule Delay Language Emerges
The new leadership at Department of Labor has published the rulemaking through which it hopes to delay the strict conflict of interest rules championed by the previous administration...
OMB Labels Fiduciary Regulations ‘Economically Significant’
The long-running fight over the fiduciary rule took another (symbolic) step forward this week—but still there is little clarity as to what may unfold prior to the first...
Adviser Independence Trends Impacted By Fiduciary Uncertainty
“Regulatory pressure increases the appeal of independence and the need to shift the active versus passive conversation,” according to a new report from Cerulli Associates.
Dodd-Frank Repeal Battle Parallels Fiduciary Fight
Federal agencies and initiatives carry significant momentum and must be redirected carefully, but forcefully, by any incoming president.
DOL Fiduciary Responsibilities Seminar Coming to Vegas
The seminar will be held at Circus Circus Hotel on Thursday, March 23.