Updates to the Department of Labor’s (DOL) fiduciary definition could hinder financial advisers’ efforts to target retirement plan clients for individual retirement account (IRA) rollovers.
The two-week government shutdown in October delayed the U.S. Department of Labor’s (DOL) work on the fiduciary redefinition, according to Assistant Secretary of Labor Phyllis Borzi.
The American Society of Pension Professionals & Actuaries (ASPPA) made several recommendations to the Internal Revenue Service (IRS) about proposed regulations for plan filings on magnetic media.
The American Society of Pension Professionals & Actuaries (ASPPA) has asked the Internal Revenue Service (IRS) for clarification on mid-year amendments to safe harbor 401(k) plans.
The industry-wide focus on improving fee transparency and reasonability has not significantly reduced litigation risks for financial advisers and others acting as retirement plan fiduciaries, according to Dan...
Washington’s warning to slash tax-deferral incentives associated with 401(k)s and individual retirement accounts (IRAs) tops advisers’ challenges in 2014, according to Brian Graff, executive director of the American...
A report from the Financial Industry Regulatory Authority (FINRA) scrutinizes conflicts of interest in the broker/dealer industry to highlight effective practices to eradicate such conflicts.
Admitting that the Securities and Exchange Commission (SEC) has resources “not nearly sufficient to the enormity and scope of the responsibility” it faces, SEC Chairman Mary Jo White...
The U.S. Supreme Court has agreed to weigh in on a case that could have far-reaching implications for litigation against Employee Retirement Income Security Act (ERISA)-covered plans.
Relaxing rules and increasing coverage for part-time workers would improve retirement savings for employees of small employers, hearing witnesses told a House committee.
A report from the Office of Inspector General for the Department of Labor (DOL) shows concern about the use of alternative investments in retirement plans.
The Financial Industry Regulatory Authority (FINRA)’s board approved a proposal requiring brokers to disclose compensation paid as an incentive to move to a new firm.