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 D.C. Circuit court refused to block the DOL fiduciary rule as The National Association for Fixed Annuities had requested, saying that NAFA 'has not satisfied the stringent requirements for an injunction pending appeal.'
Definition of an Alpha male in the Trump mode: You impact the arena before youre even formally introduced. So everyone in the financial industry wonders: Will Trump rescind the fiduciary rule? Will Trump halt the movement towards state-run retirement plans in its tracks?
Lawmakers vowed to refocus on the Miners Protection Act in January, when lawmakers assemble for the 115th Congress. The bill would transfer funds from the Abandoned Mine Reclamation Fund to miners health care fund.
Even if the fiduciary rule is dismantled or delayed under Trump, companies tracked by Moody's are still working to comply. Here's what you might see as the rule changes the industry.
Word of Trumps expected pick brought praise from attorneys who represent employer interests, while labor advocates and some Democrats condemned the choice of DOL head.
The fiduciary rule is expected to massively disrupt how fixed indexed annuities are marketed to retirement savers. Here is one industry expert's take on what will happen to FIAs.
In an emergency motion seeking to delay implementation of the fiduciary rule by at least 10 months, NAFA says members are being forced to reorganize a massive product distribution system that has been in place for decades.