ERISA Experts See Regulation Pullback as Key Theme of Trump Rule
A Trump administration and likely Republican-led Congress will create opportunities in many areas of retirement advisement, but they will also...
Tag: Retirement Security Rule
Most Hybrid RIAs Favor Retirement Fiduciary Standard
DPL Financial Partners, which works in commission-free annuities, released a survey of RIAs and broker/dealers regarding the DOL’s stalled fiduciary...
DOL Will Appeal Stay on Fiduciary Rule
The Department of Labor will ask the 5th Circuit to reinstate the fiduciary rule after it was blocked by two...
A Compliant Process for Plan-to-IRA Rollovers
Fred Reish and Joan Neri detail how RIAs can comply with current rules while the new DOL fiduciary rule remains...
Second US District Court Issues Stay of Retirement Security Rule
The Northern District of Texas quickly followed the Eastern by staying the Department of Labor’s fiduciary rule ahead of its...
Judge Stays DOL’s Retirement Security Rule
The preliminary injunction issued in a Texas district court comes with the fiduciary rule scheduled to take effect September 23.
Insurers Respond to DOL to Forward Fiduciary Rule Lawsuit
Insurance industry advocates press forward with an attempt to get an injunction on the Retirement Security Rule before the September...
House Committee Advances Bill to Vacate Retirement Security Rule
The vote passed the House Education and Workforce Committee, but no vote has yet been scheduled for the full House.
The DOL, the IRS and the Chevron Reversal
The Supreme Court’s Chevron reversal creates uncertainty for plan advisers and sponsors.
FSI, SIFMA Join Insurance Industry Lawsuit Against Retirement Security Rule
Brokers and asset managers have also opposed the rule, alongside the life insurance industry.
CFP Board Files Amicus in Support of Retirement Security Rule
Brief pushes back on arguments it will be costly to implement and limit advice to retirement savers.
Preparing for the Retirement Security Rule
Some provisions are set to come into effect in September.
DOL Files Counter-Brief to Retirement Security Rule Challenge
The DOL counters an insurance industry lawsuit by arguing that the new rule is lawful, consistent with case law and...
Fiduciary Fee Study
Small business 401(k) plan costs can benefit from fiduciary-grade advice, a practice that will be mandatory via the DOL’s new...
9 Insurance Trade Groups File Suit Against DOL’s New Fiduciary Proposal
The firms filed a suit in Texas court seeking to undue the Retirement Security Rule aiming to rework the definition...
DOL’s Hauser ‘Comfortable’ New Fiduciary Rule Addresses Prior 5th Circuit Rebuttal
The official made the comments to a legal association a few days after the FACC filed a motion to pause...
New DOL Fiduciary Rule: Top 5 Facts Advisers Should Know
ERISA experts from Faegre Drinker Biddle & Reath provide guidance to registered investment advisers on the DOL’s new Retirement Security...
Legislation Introduced That Would Reverse Retirement Security Rule
The Congressional Review Act resolution is unlikely to survive a presidential veto.
IRA to IRA Rollovers Pose Legal Vulnerability for Retirement Security Rule
Legal experts with varying perspectives on the rule agree that DOL likely does not have jurisdiction over IRA to IRA...
PTE 2020-02 and Compensation-Related Conflicts
PTE 2020-02 does not explicitly ban any adviser practices, but does require reasonable conflict mitigation policies regarding compensation.