Tag: Fiduciary

The insurance company will pay $3,000,000 to a settlement fund.

“Financial advisers’ clients need to understand how market volatility can hurt their chances of a successful retirement, and they also need to know that options are available to...

A Texas district court judge has rejected industry arguments that the DOL exceeded its authority in crafting the forthcoming fiduciary rule—what this spells for the regulation’s future under...

A participant who drew four loans from a retirement account over the years argues her provider inappropriately kept portions of interest payments that should have been credited back...

The Getting It Right - Know Your Fiduciary Responsibilities seminar will be held at Arizona State University - Skysong on February 15.

Experts in several discussions this week suggested organic market factors could take the place of DOL rulemaking that under the Obama Administration sought to raise the conflict of...

A lawsuit filed against JP Morgan Chase in New York levels a series of allegations that are by now very familiar to retirement industry professionals. 

Conflicting media reports have started to circulate, some to the effect that a delay of the DOL fiduciary rule has already been effectuated—others that are more skeptical this...

Retirement industry executives overseeing one of the largest recordkeeping businesses around say they are optimistic for the future of DC retirement planning, whatever policies emerge from Washington. 

This is the question in a petition before the Supreme Court in a case involving a leveraged buyout of an ESOP.

Many of the questions advisers and providers have asked about the Department of Labor fiduciary rule relate to the line drawn between fiduciary and non-fiduciary client communications.

In the settlement agreement, the company denied any wrongdoing in its handling of the company stock fund in its retirement plan.

The legislation aimed at delaying implementation of thousands of pages of DOL fiduciary rule language could fit in a handful of tweets.

U.S. District Judge Victor A. Bolden first determined that Prudential was not a fiduciary with respect to the lawsuit’s allegations.

To appreciate the riskiness of a stock intimately involves its market valuation, and to argue that the ESOP fiduciaries should have been able to outguess the market’s valuation...

Plaintiffs suggest their employer should have allowed a single recordkeeper to service its traditional DC plan and its 403(b)—and that it paid excessive fees by paying for distinct...

Robo-advisers gained some traction in the DC industry this year, and many have come to see how the technology could work with, rather than against, traditional advisers.

The case questions the hotel chain's 401(k) plan fees and investment choices.