Compliance September 23rd, 2024 DOL Will Appeal Stay on Fiduciary Rule The Department of Labor will ask the 5th Circuit to reinstate the fiduciary rule after it was blocked by two...
Compliance August 14th, 2024 A Compliant Process for Plan-to-IRA Rollovers Fred Reish and Joan Neri detail how RIAs can comply with current rules while the new DOL fiduciary rule remains...
Compliance July 26th, 2024 Judge Stays DOL’s Retirement Security Rule The preliminary injunction issued in a Texas district court comes with the fiduciary rule scheduled to take effect September 23.
Compliance May 1st, 2024 Unsolicited and Implied Rollovers Under the New Fiduciary Rule Experts parse how a retirement participant’s path to making a rollover will be viewed under the final Retirement Security Rule.
Compliance January 8th, 2024 50 House Reps Push Back On DOL Fiduciary Proposal Bipartisan group urges DOL to ‘withdraw and cease efforts’ to move ahead with retirement security rule targeting annuities and one-time...
Compliance January 3rd, 2024 Fiduciary Proposal Comment Period Ends With More Mixed Feedback The IAA and Morningstar offered conditional support to the Department of Labor’s proposal and the ACLI called for a full...
Compliance December 29th, 2023 American Securities Association Says DOL Acting Secretary Cannot Finalize Fiduciary Proposal The trade organization challenged the DOL’s proposal on several grounds, including that an acting cabinet secretary cannot finalize a rule.
In Practice December 13th, 2023 Would DOL’s Fiduciary Proposal Help or Hinder Coverage Gap? Dissenters say the DOL’s proposed amendments would reduce access to needed retirement products.
Compliance December 12th, 2023 Fiduciary Rule Proposal Faces 1st Day of Dissent, Advocacy The DOL’s Retirement Security rule is seen as overbearing by some, necessary by others.
Compliance November 15th, 2023 EBSA Denies Comment Period Extension for Fiduciary Proposal The regulator pushed back on industry requests to extend comment time for the controversial proposal; the period will still end...
Compliance November 10th, 2023 Advisers Selling Product, Not Process, in Fiduciary Rule Crosshairs Experts discuss the ripple effect of the Department of Labor’s proposed fiduciary rule amendments.
Compliance October 31st, 2023 DOL Publishes New Adviser Fiduciary Rule for Public Comment The proposal would make one-time advice for rollovers subject to ERISA.
October 31st, 2023 DOL Proposal Reactions Range From ‘Important Step’ to ‘Out of Touch’ Industry groups in the financial sector pushed back against the proposed amendments to fiduciary standards, while some championed it as...
October 31st, 2023 DOL Proposal Would Subject Rollovers, Annuity Sales to ERISA The proposal seeks to tackle conflicts of interest in both areas, as well as advice given to plans on investment...
Compliance Consult Provider Recommendations Does relying on certain ‘go-to’ providers have implications under ERISA?
Compliance Consult Caution Needed Regarding Rollovers Many recommendations may now be investment advice.
ERISA vista Rollovers and Fiduciaries Recent DOL guidance expands the definition of fiduciary advice.
Compliance June 2nd, 2021 Biden Expected to Advance a More Stringent Fiduciary Rule, Advocate for Retirement Income and ESG Investing Industry experts reflect on what President Joe Biden has done in his first months in office with respect to retirement...