With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
The Trump administration is highlighting the fiduciary rule as one of several Obama-era regulations that it says are too burdensome and should be undone.
More broker-dealers, registered advisory firms, insurance companies, and wire houses can expect to submit comments on the proposed delay before the comment period closes on March 17.
Brokers and advisors who can provide strategic insight for winning workforce initiatives will strengthen partnerships with key customers and build a long-lasting foundation for success.
The Department of Labors fiduciary rule has been pushing advisors to reevaluate their business models, even though the rule's fate is currently uncertain.
The OMB has re-classified the proposed fiduciary rule delay as economically significant -- creating a higher legal bar for delaying the April 10 implementation date.
Proponents of the safe harbor for state-sponsored retirement plans say the countrys drastic retirement savings shortfall requires states to take immediate action. Polls suggest a share of Republican voters agree -- but will GOP senators?