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The Department of Labor will delay releasing its controversial fiduciary redraft until at least January 2015 from the originally slated August release date.

The re-release of a DOL rule proposal is a very real issue, and we have to take it into account, SEC Commissioner Daniel Gallagher said.

About 30 percent of sponsors surveyed by Greenwald & Associates said a new definition of fiduciary would make them at least somewhat likely to eliminate current retirement plans.

The Retirement Advisor Council wants the DOL to survey 401(k) plans of all sizes in its effort to evaluate the effectiveness of 408(b)(2) disclosure requirements.

The Department of Labors re-proposal of rules that would define who is a fiduciary could end up costing $20 billion to $32 billion in retirement savings.

Three cases of interest to the Supreme Court have the potential to move the needle in the direction of plaintiffs claims.

Most fiduciaries and employers want to do the right thing but, as the DOL notes, inadvertent mistakes can create "significant problems."

The final rule, for starters, could include restrictions like preventing firms from paying their brokers or agents more for selling in-house products.