This might seem like inside baseball, but it will have a big impact on the way you save for retirement. Don’t wait until it’s ...
The Federation of Americans for Consumer Choice filed a lawsuit in a Texas federal court Thursday to stop the Department of ...
The Federation of Americans for Consumer Choice and several independent insurance agents are suing the Labor Department over ...
Acting Labor Secretary Julie Su told House lawmakers Wednesday that Labor’s new fiduciary rule can withstand legal challenges ...
Julie Su defends the Labor Department’s actions on retirement advice, independent contractors, and other issues before a ...
In short, it requires all retirement investment advisors to provide prudent, loyal, and honest advice free from overcharges.
Opponents to broadening the fiduciary universe say the 2016 rule harmed many investors. A 2017 Deloitte study found that 53% ...
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Terry Savage: The fiduciary rule and rollovers
Have you noticed how much your 401(k) plan has grown over the years? There’s now nearly $11 trillion in these retirement ...
On April 23, 2024, the U.S. Department of Labor (“DOL” or “Department”) issued a final regulatory package amending its fiduciary investment advice regulation and revising numerous existing prohibited ...
Explore how the new fiduciary rule is transforming the financial advice industry, bringing about crucial changes for advisors ...
Experts parse how a retirement participant’s path to making a rollover will be viewed under the final Retirement Security ...
The DOL’s fiduciary regulation and the amended Prohibited Transaction Exemptions (PTEs) 2020-02 and 84-24 will be effective on September 23 of this year. However, some of the requirements (called ...