J.P. Morgan believes that the proposed regulations to redefine the definition of fiduciary should eliminate unnecessary and subjective standards.
Tag: Fiduciary adviser
Larry H. Goldbrum, General Counsel of The SPARK Institute, said any changes to the definition of fiduciary should not be overly dramatic changes in policy.
Federal regulators heard from the president of Great-West Retirement Services who said efforts to rework the definition of a fiduciary could "set the retirement industry back 25 years."
The American Benefits Council (ABC) spoke at the Department of Labor’s (DoL) hearing today about its proposed redefinition of fiduciary.
With Washington causing quite a stir in proposing changes to the definition of fiduciary, the Virtual PLANADVISER National Conference brought together experts to discuss the realities of such a proposal.
Laying it all out on the table, PLANSPONSOR and PLANADVISER’s Editor-in-Chief, Nevin E. Adams, opened the first Virtual PLANADVISER National Conference (VPANC) by outlining the top 10 trends most likely to impact the retirement industry this year.
Securian Retirement has introduced a “Compensation Calculator” for advisers, and a “Fiduciary Focus” guide for advisers to share with plan sponsor clients.
Nancy Everett is the new Head of BlackRock Fiduciary Management Solutions, a newly created position.
The Department of Labor (DoL) requested comments on if advice relating to a plan distribution should be included in the definition of "advice" under fiduciary standards; Aon Hewitt believes it should.
In comments to the Department of Labor (DoL) regarding the proposed change to the definition of fiduciary, Liberty Capital Investment Corporation said the rule “would be a litigation nightmare.”
The Employee Benefits Security Administration (EBSA) announced an extension of the comment period on its proposal to update the definition of fiduciary.
People who spend time with a financial professional report saving two to three times more than their peers who do not, according to a study from the ING Retirement Research Institute.
Fiduciary adviser Roland|Criss has launched the Stewardship Development Center (SDC) to train fiduciary leaders and their teams.
Pioneer Investments is partnering with Fiduciary360 (fi360) “to help prepare advisers for an increasingly fiduciary future.”
Securian Retirement has teamed with 401(k) Advisors to offer a 3(38) investment management fiduciary service.
A new article from Securian will help plan sponsors decide if they need help with investment decisions.
A recent survey found that the vast majority of investors do not know which financial professionals are held to official “fiduciary standards.”
Independent retirement consulting firm 401(k) Advisors has announced the opening of an office in Orlando, Florida, under the leadership of Phillip Senderowitz.
UBS Wealth Management Americas has entered into a strategic partnership with Richard Bernstein Advisors.
Last week, members of the House and Senate conference committee announced that they had reached a compromise on the new financial services reform bill.