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.
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.
For opponents of the DOLs fiduciary rule, delaying implementation may provide a path of lesser resistance. Still, insurance carriers and financial industry professionals can't afford not to continue with compliance efforts.
As a candidate, Trump said he would scrap Dodd-Frank, Congresss attempt to legislate new rules that would prevent a repeat of the 2008 financial crisis.
Stay in touch with changes to the DOL fiduciary rule as ThinkAdvisor/Investment Advisor's Washington Bureau chief Melanie Waddell discusses implications of President-elect Trump's administration on the rule.