Tag: Department of Labor (DOL)

The DOL published a pretty substantial list of technical corrections to the Best-Interest Contract Exemption—including mostly minor clarifications but also a few potentially substantial adjustments. 

After an initial “catch-up” adjustment, the DOL will adjust civil monetary penalties annually for inflation.

According to LIMRA LOMA Secure Retirement Institute, nearly three in four DC plan providers believe they will need to train their employees about the new DOL fiduciary rule. 

The firm will hold both local events and webcasts featuring its own and outside experts.

In the wake of the DOL rulemaking, a financial advisory firm acts at its peril if it overlooks the prudent investor rule, a new research paper says.

The IRS has announced a new strategy for retirement plan compliance efforts. What should plan sponsors do to prepare for their next compliance check questionnaire?

The final fiduciary rule is out, so what do you need to know? And, just as important, what can you do right now to prepare?

Litigation is the main concern for DC plan sponsors right now.

Following the firm’s open letter to Congress, it is working with key Senate and House members to submit a bill.

Two national insurance advocacy groups have “reluctantly” joined the growing list of plaintiffs asking the federal courts to declare the DOL’s new fiduciary rule arbitrary and capricious. 

Could Google one day be a top provider of investments or financial advice? What about Facebook, or Amazon? 

“RiskPro will help ensure that advisers build portfolios that are in their clients' best interests, as required by the new DOL rules,” says Nick Scalzo, chief executive officer at ProTools. 

The National Association for Fixed Annuities filed a complaint in district court to “challenge and vacate the Department of Labor’s final fiduciary regulations.”

A coalition of national financial and business trade groups has filed a lawsuit to strike down the DOL’s new regulations that will require most brokers and investment consultants...

Enthusiasm about environmentally responsible investing has bloomed in the wake of recent DOL rulemaking, but a new TIAA survey shows a knowledge gap persists. 

The recent judgement against AIT Laboratories adds nearly $3.5 million to previous collections, now totaling more than $7 million.