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 advisory business is as vibrant in California as it is in the rest of the U.S., even though advisers there have operated under fiduciary rules for several decades.
The long-awaited ruling from a Texas federal court on the legality of the Labor Departments fiduciary rule may be relegated to the dustbin of history before anyone reads the decision.
What does Trump's executive order to "delay" the fiduciary rule's implementation date of April 10 mean? We asked industry experts for their opinions on what the DOL will do, especially with no secretary yet in place, and what revisions might occur.
The executive order directing the DOL to delay the fiduciary rule will give the financial industry another six months to comply with the regulation, according to a draft of the order.
About half of defined contribution advisor specialists dont feel they are getting adequate compliance support from record-keepers, new data from Cogent Reports shows.
The Department of Labors fiduciary rule, which requires advisers handling retirement accounts to charge reasonable fees and commit to giving advice in a clients best interest, may be killed under Trump, but that's not stopping industry from complying.
Goldman Sachs is pushing back against the Trump administration immigration ban. It's significant because the administration is stocked with Goldman Sachs veterans.