Tag: Fiduciary adviser

Transcripts from a tough SEC hearing called earlier this month show it's not just the Department of Labor considering changes to the application of the fiduciary standard.

Eight comment letters to the DOL address SIFMA’s concerns about the fiduciary redefinition, including what it sees as an unfair position on commission-based accounts.

It’s a significant challenge for sponsors of both DB and DC plans to take charge of communications and participant education.

The financial firm says the proposal has “unduly complicated” provisions.

The Financial Services Institute wants to help advisers contact the legislators most likely to respond to their appeals. 

Fitch Ratings warns the proposed fiduciary rule language from the DOL would substantially impact current adviser and investment fund provider business models.

Advisers and sponsors have three investment support providers to choose from.

According to Chatham Partners, plan providers may be at risk of losing their clients.

Deciding where to start is a critical and challenging part of serving retirement plans. 

The “retailization” of 401(k)s and other plan types has sold participants short, experts say.

A committee approved an appropriations bill that would restrict the Department of Labor in its fiduciary rule efforts.

ForUsAll has created a simple and inexpensive 401(k) product for small businesses with 3(16) and 3(38) fiduciary services.

Unconfirmed assumptions often appear to underlie a reluctance to retire.

Financial fraud and abuse targeting older Americans is on the rise, a new report suggests, and the top sources of fraud might surprise you.

Jacob O’Shaughnessy has been promoted to lead retirement services at Arnerich Massena.

Michael Kreps has rejoined the Groom Law Group to help expand the premier policy practice.

Labor Secretary Perez was just about the only witness called to a recent Congressional hearing to actually defend the DOL’s fiduciary redefinition effort.

Calls update to a 40-year-old rule “long overdue.”

The announcement also includes the official notice of an extended comment period.

The U.S. Chamber of Commerce issued a report warning the fiduciary rulemaking effort could harm small business employees.