The two-week government shutdown in October delayed the U.S. Department of Labor’s (DOL) work on the fiduciary redefinition, according to Assistant Secretary of Labor Phyllis Borzi.
A report from the Office of Inspector General for the Department of Labor (DOL) shows concern about the use of alternative investments in retirement plans.
“While we as advisers understand a lot of pieces of the puzzle, the plan sponsor doesn’t,” Keith Gredys, CEO and president of Kidder Benefits Consultants Inc., told attendees...
Fee disclosure is not something to fear but “an opportunity to differentiate yourself as a retirement-focused practice,” said Vincent Morris, president of Bukaty Companies Retirement Plan Services, at...
Assistant Secretary of Labor Phyllis Borzi, with the Department of Labor’s (DOL’s) Employee Benefit Security Administration (EBSA), said it has been engaged in a very vigorous focus on...
The Department of Labor (DOL) wants to know whether its proposal to show lifetime income projections on retirement plan participant statements is a solution to having inadequate income...
A recent white paper examined how improved transparency with target-date funds would help retirement plan fiduciaries better understand the funds’ holdings.
The type of adviser you are—fiduciary or nonfiduciary—dictates your business model, said Brad Campbell, counsel in Drinker Biddle & Reath’s Washington, D.C., office and speaker at the PLANADVISER...
Never has the industry seen such potential for change, Marcia Wagner, president of The Wagner Law Group, told attendees at the PLANADVISER National Conference in Orlando, Florida.
A new survey from AARP confirmed that most plan participants do not want plan-related advice in the best interest of the professional who advises them.
The Department of Labor (DOL) will host a two-part webcast this month to discuss the Patient Protection and Affordable Care Act (PPACA) with employers.
The U.S. Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) announced default judgments have been entered against the fiduciaries of two retirement plans.