Tag: Legislation

The Department of Labor (DOL) stated its position regarding whether a purchase or sale of a single property by a pension trust violates ERISA.

The government tries to lend its hand to the retirement readiness goal, but other agendas may get in the way.

The SEC is better suited to oversee independent advisers, the National Association of Personal Financial Advisors argues.

  The Securities and Exchange Commission (SEC) took another step toward regulating over-the-counter (OTC) derivatives by approving rules and interpretations for key definitions of certain derivative products.      

New pension rules may provide relief for underfunded pension plans, but they can also increase risk, according to Karin Franceries of J.P. Morgan Asset Management.

Contribution activity could remain above the minimum requirement despite a bill that gives defined benefit (DB) plan sponsors funding relief, a report contends.  

 Six in ten employers surveyed are hoping for full repeal of the Patient Protection and Affordable Care Act...

The tax firm KPMG LLP formed an alliance with Axiom Software Laboratories Inc. to address new regulatory requirements facing investment advisers, such as Form PF.

Nearly half of all employers (47.2%) have conducted an analysis to determine how health care reform legislation will impact their health care plan costs.

The Financial Services Institute (FSI) launched a mobile application Monday to help financial advisers advocate on industry issues using smartphones and tablets.

The bill is crucial to protect middle-class Americans who need the services of a financial adviser, the president of the Financial Services Institute (FSI) told Congress.

The U.S. House of Representatives passed a two-month renewal of the social security payroll tax cut Friday. 

The Federal Reserve Board proposed steps to strengthen regulation and supervision of large bank holding companies and systemically important nonbank financial firms. 

What will be the top four regulatory items for financial advisers to deal with in 2012? Josh Cohen and Ben Jones of Russell Investments shared their thoughts.

Asked to name what they fear most about the 2012 election, the majority of adviser respondents to a Brinker Capitol poll said “Obama’s re-election.”  

During a webcast today, Marcia Wagner discussed ways for advisers to tackle the Department of Labor’s new rules in 2012.  

Fidelity Investments found more than half (51%) of its 401(k) participants are now in a plan that offers auto enrollment.  

Included in a law giving tax credits to companies that hire unemployed veterans, President Obama has repealed a 3% withholding tax for government contractors.