Tag: Department of Labor (DOL)

Could Google one day be a top provider of investments or financial advice? What about Facebook, or Amazon? 

“RiskPro will help ensure that advisers build portfolios that are in their clients' best interests, as required by the new DOL rules,” says Nick Scalzo, chief executive officer at ProTools. 

The National Association for Fixed Annuities filed a complaint in district court to “challenge and vacate the Department of Labor’s final fiduciary regulations.”

A coalition of national financial and business trade groups has filed a lawsuit to strike down the DOL’s new regulations that will require most brokers and investment consultants...

Enthusiasm about environmentally responsible investing has bloomed in the wake of recent DOL rulemaking, but a new TIAA survey shows a knowledge gap persists. 

The recent judgement against AIT Laboratories adds nearly $3.5 million to previous collections, now totaling more than $7 million. 

The DOL is seeking nearly $250,000 in unremitted employer 401(k) contributions required by government contracts.  

John J. Koresko V has been arrested after failing to transfer $1.68 million in misused assets to death benefit plans.

Rich McHugh discusses proposals in Congress and regulator initiatives that will affect the retirement plan industry.

A retirement plan fiduciary had previously been ordered by a court to restore unremitted contributions to the plan.

The Puerto Rico Treasury Department recently changed the annual reporting requirements for employer-sponsored retirement plans.

Invesco Trust Company agreed to pay a total of $10.27 million to settle the department's claims.

The firm has issued a white paper in honor of the 10-year anniversary of the PPA.

A new Q&A pinpoints changes in the final fiduciary regulation.

The tools and resources are designed to help advisers succeed in the regulatory environment created by the finalized DOL fiduciary rule.

Given how prone the Labor Secretary and other DOL officials are to cite severe negative impacts of conflicted retirement advice on average Americans, some advisers are surprised (and...