Tag: Department of Labor (DOL)

As implementation of the DOL’s fiduciary rule approaches, advisers may have to choose between remaining in the DC business and pursuing traditional wealth management.

A Chicago-based ophthalmologist was accused by the DOL of improperly diverting money from a DB plan’s investment accounts. 

Donald Trump has nominated an outspoken critic of federal government regulation as DOL secretary, placing more uncertainty on the future of the fiduciary rule, according to some observers. 

Consultants from Grant Thornton suggest they have already seen strong business impacts coming out of the DOL fiduciary rule. 

By partnering with Larkspur Data, RiXtrema will enhance its current retirement plan compliance offerings with added features.

In the retirement planning and investment industry of the near- and long-term future, providers’ motivations will play a deep role in determining success.

Retirement industry groups ask agencies to scale down reporting requirements for investments, fees and compliance.

The Senator suggests that the new administration and Congress will likely unwind the rule, so the Labor Department should not impose unnecessary costs on advisers.

Retirement reforms being implemented in the UK through 2018 represent an important testing ground for government-backed savings efforts. 

A new survey finds that as implementation of the DOL’s fiduciary rule approaches, more than half of advisers expect to increase investment in client service and compliance technology.

Arguments focused on the First Amendment.

 

The RiXtrema database will allow advisers to benchmark fee structures against others based on several factors, including account size, geography and services offered, to prove they’re working in...

As the implementation date for the Department of Labor (DOL)’s Conflict of Interest rule approaches, Capital One Investing will be moving away from commission-based products within its retirement-account...

“Evolutionary Fiduciary” will provide additional fiduciary resources, FAQs and forms for visitors to submit questions before the April 2017 deadline.