If Trump Wants to Kill DOL Rule, He’d Better Act Soon
For stakeholders against the DOL fiduciary rule who are hoping the Trump administration will intervene, time is running out.
Ex-Prosecutor Emerges as Top Trump Pick for SEC Chief
Like Mary Jo White, departing in January, Debra Wong Yang was a federal prosecutor, but Yang has no securities experience.
Natixis Plans First Target-Date Suite Focused on ESG: Top Portfolio Products
In other product news, Hartford Funds reduces fees on four of its strategic beta ETFs.
CEOs’ Retirement Stashes Seen Flourishing Under Trump Tax Cuts
CEOs are poised to collect an additional retirement windfall if President-elect Donald Trump succeeds in cutting the taxes of the highest U.S. earners.
Court Refuses NAFA Bid to Block DOL Fiduciary Rule
The Department of Labor has scored another legal victory for its retirement rule, this time in federal court in Washington.
Annuity Sales to Plunge Under DOL Fiduciary Rule: Cerulli
IRI also says that industrywide annuity sales in the third quarter dropped 12% from a year ago.
Mercer Bullard: Think DOL’s Fiduciary Rule Is Too Strict? Blame SEC
The investor watchdog talks to ThinkAdvisor about why SEC Chair White has failed investors and why Social Security shouldn't be confused with annuities.
4 Top Ways Workers Use Company Stock Plan Funds: Fidelity
Fidelity poll finds employees often overlook this workplace benefit.
6 Economic Predictions for 2017: SIFMA
The forecast “begins to reflect people’s expectations of fiscal and trade policies under the Trump administration.”
Chamber’s CEO: ‘Already Working’ With Trump to Kill DOL Fiduciary Rule
U.S. Chamber of Commerce is “urging immediate action to undo” the rule, Thomas Donohue says.