Sen. Warren Grills Puzder in Letter on DOL Fiduciary Ahead of Hearing
Sen. Elizabeth Warren challenged the Labor secretary nominee to provide answers on how he'd handle the fiduciary rule review.
Gabelli Launches Food of All Nations Fund: Top Portfolio Products
In other product news, DoubleLine launches the DoubleLine Shiller Enhanced International CAPE Fund.
Congressmen Aim to Block Obama-Era Retirement Rules
Two Republican congressmen have introduced resolutions to block an Obama administration regulation that allowed state-administered IRA plans to avoid ERISA coverage.
Labor Pick Puzder’s Nomination Hearing Set for Feb. 16
Acting Labor Secretary Hugler likely will soon act to postpone the fiduciary rule’s April 10 compliance date, says Wagner attorney Tom Clark.
15 Worst States for Retirement: 2017
The worst states for retirees, according to WalletHub’s annual ranking, were among the most expensive in the country.
DOL Wins Fiduciary Rule Case in Texas
Congress "gave the DOL broad discretion" to protect retirement investors, the decision says.
Merrill Edge Launches Robo-Advisor With a Twist
Portfolios will be based on ETFs made by Vanguard and others; Bank of America also introduces automated branches.
4 Alternative Funds Win Medalist Rating: Morningstar
The research firm says these Bronze funds have “specialized expertise” guiding their powerful strategies.
Sen. Warren: Fiduciary Rule Delay Would Hurt Financial Services Firms
Delay would be “a slap in the face” to financial services companies that have already invested in compliance, Warren tells acting DOL Secretary Edward Hugler.
TDFs’ Underlying Funds May Not Meet Plan Sponsors’ IPS Standards
Janus finds some plan sponsors aren't vetting the underlying funds in TDFs closely enough.