In a new final rule, the Department of Labor removed its final rules regarding the ERISA safe harbor of government-run plans for private-sector workers.
Content, context and presentation are now the important factors in determining whether a particular activity represents fiduciary advice—but that could change.
Speaking at the 2017 PLANPSONSOR National Conference, a staffer at the DOL told attendees the agency is still looking for ways to make its fiduciary rule better.
In the end the Trump administration will allow the Obama-era DOL fiduciary rule to take effect; industry observers are split about what exactly this means for the long-term.
The newly confirmed Secretary of Labor, Alexander Acosta, will steer from the top the effort to either overturn or leave in place the Obama-era fiduciary rule and other...
The DOL's Employee Benefit Security Administration hopes a new initiative will help it “overcome the limitations seen in existing data collection activities.”
Fiduciaries of the Weinhagen Tire Company 401(k) Plan agreed to an order resolving the DOL's lawsuit claiming the fiduciaries allowed the misdirection and misuse of employee contributions.
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.
A look at the retirement plan run by CKE Restaurants offers some food for thought about why the company's CEO, Andrew Puzder, backed away from the post of...