In short, it requires all retirement investment advisors to provide prudent, loyal, and honest advice free from overcharges.
The Department of Labor is out with a new fiduciary investment advice rule that make it so one-time advice, such as rollovers ...
Your article was successfully shared with the contacts you provided. The Labor Department’s latest fiduciary project, which ...
Labor Department officials say they pored through a voluminous comment record and responded to the feedback they received.
Now that the U.S. Department of Labor has finalized its rule requiring financial planners who help clients save for ...
The final rule explicitly excludes educational materials and at least one trigger for fiduciary status, but most of the ...
The final version of the fiduciary rule, called the Retirement Security Rule, was released on Tuesday. According to the ...
Today, loopholes allow advisors and insurance brokers and agents to recommend products that might not be the best option for ...
Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with its new Retirement ...
On April 23, the U.S. Department of Labor (DOL) published the “Retirement Security Rule: Definition of an Investment Advice Fiduciary,” which makes changes to the definition of “ fiduciary” for ...
Producers can still earn commissions. Insurers can still pay for training trips. Training cannot be incidental to the event.
The new fiduciary rule today is out, an overhaul of a 1975 regulation that the insurance industry has fought tooth and nail.