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 Center for Financial Responsibility at Texas Tech University has launched the Best Interest Initiative, which is focused on answering a question faced by financial advisors as they work to abide by the DOL fiduciary rule.
The DOL fiduciary rule finalized this week lumps FIAs with VAs--benefiting fixed annuities--but by treating fixed indexed annuities as variable products, the final rule conflicts with a previous court ruling, one group says.