Advisers Flinch at Oncoming Fiduciary Rule
About three-quarters of advisers in a Fidelity survey are anxious the DOL fiduciary advice rule will affect how they do business.
Tag: Department of Labor (DOL)
What ERISA Attorneys Will Look for in Final Fiduciary Rule
Trusted ERISA attorneys Fred Reish and Brad Campbell, of Drinker Biddle and Reath, cut through some of the “mishmash of conflicting rumor and speculation” surrounding the forthcoming final...
More Fiduciary Rule Opinions
We’ve rounded up some of the reports and opinions—pro and con—about the fiduciary rule as it nears final approval.
House Speaker Ryan Weighs in on Advice Rule
The Republican party is still attempting to shoot down the fiduciary rule—almost certainly in vain.
Senate Bill Aims to Amend ERISA
Senator Johnny Isakson has introduced legislation designed to foil the fiduciary rule and amend the Employee Retirement Income Security Act.
EBSA Wants Feedback on Upcoming Research Effort
The Employee Benefits Security Administration is giving employers and service providers an opportunity to comment on how it collects and processes information, especially as it pertains to a...
DOL Investigating DB Plan Payment Practices
Your DB plan sponsor clients should start reviewing their payment practices now, attorneys tell PLANADVISER.
A New Fiduciary Paradigm Before Year End?
The Department of Labor’s new fiduciary rule will be very hard to reverse once in place—even if Republicans take the White House.
Fiduciary Rule Will Impact Business Practices
A white paper from DST kasina LLC details how the DOL’s fiduciary rule could affect asset managers.
DOL Obtains $1.7M for Profit Sharing Plan
Officers of Alliance Home Healthcare illegally distributed assets of the company’s profit sharing plan, a DOL lawsuit claims.
Union Fund Trustees Sued for Multiple Fiduciary Breaches
The International Association of Machinists National Pension Fund and its board of trustees are facing a lawsuit.
House Committee Advances Anti-Fiduciary Rule Bills
The Republican-dominated House of Representative’s ongoing effort to halt the Department of Labor’s fiduciary rulemaking is starting to look a lot like its previous attempts to gut the...
OMB Confirms Receipt of Fiduciary Rule Language
After years of speculation and an intense, ongoing retirement plan industry debate, the Department of Labor has advanced its conflict of interest regulations to the Office of Management...
2017 White House Budget Includes Open MEP Expansion
The Obama administration intends to extend workplace access to a retirement savings opportunity to more than 30 million Americans.
DOL Files Suit Over Employer Stock Valuation
The U.S. Labor Department filed a lawsuit against a Florida employer accused of imprudence in the valuation and sale of the company’s stock to its own employees.
‘DOL Lacks Study of Retirement Participant Safety’ ICI Says
DOL proposal on state-run retirement programs promotes confusing patchwork of laws and a few unintended consequences, say industry groups ICI and SIFMA.
$1.3 Million Awarded to Participants of Abandoned Plan
The DOL has obtained judgment to distribute $1.3 million to participants in a Georgia 401(k) plan.
What Comes Next for In-Plan ESG Investing?
From the headline-grabbing U.N. climate summit held in Paris to new DOL regulations on environmentally-minded investing by retirement plans, sustainability is clearly on the mind. How are providers...
Tools, Training to Address DOL Fiduciary Definition
A DALBAR training program anticipates the best interest contract (BIC) exemption.