Justice Dept. Tallies Cost to IRA Investors of No DOL Fiduciary Rule
Lawsuits against the DOL's rule moved forward, but the DOJ defended it in a separate court.
New Salesforce Tool Helps Financial Institutions Comply With Fiduciary Rule
MoneyGuidePro also released a new fiduciary-focused tool.
How to Comply With IRA Comp Rules Under DOL Fiduciary
Advisors beware: It’s a prohibited transaction for tax-qualified, ERISA-governed retirement plans, including IRAs, to pay more than reasonable compensation to the plans’ service providers.
CFP Board Adds Northwestern Mutual as Sponsor for Center for Financial Planning
Marilyn Mohrman-Gillis welcomes support to help develop "a more diverse and sustainable pipeline" of planners and an "academic home" for the profession.
Investors Are Getting Ripped Off on Index Fund Fees, Lawsuits Say
New York Life employees allege that its MainStay S&P 500 index fund in their 401(k) has much higher fees than comparable index funds.
Social Security Bill Would Raise Retirement Age, Slow COLAs
The Save Our Social Security Act employs a combination of revenues, benefit adjustments and raising the retirement age while preserving early retirement.
Sometimes It's Hard for Owners to Talk to Companies
Why the U.S. Justice Department is casting a wary eye on public company executives talking to individual shareholders.
Enforcement: Raymond James Fined $1.45M in Vermont Immigrant Visa Case
In another action, the New Jersey Bureau of Securities revoked a broker's registration after it found that he manipulated bond trades.
The SEC Investor Advocate’s View Askew: The Illusion of Fee Disclosure
What’s missing in the SEC report are the costs to investors of recommendations by “advisors” who do not have a fiduciary duty.
HSBC Bankers Are First Individuals Charged in Currency Case
Executive Mark Johnson was arrested at Kennedy Airport Tuesday in New York.