Does Uncle Sam comply with the DOL fiduciary rule?
The rickety Pension Benefit Guaranty Corp. keeps collecting premiums from employers.
Rare good news from the DOL (yes, about retirement investing)
Retirement plan participants can now have guaranteed lifetime income for a portion of their nest egg, while also securing long-term appreciation and capital preservation.
Commission Clients Don’t Favor Switch to Fees: J.D. Power
Full-service clients have strong views on their retirement accounts and how they like to pay for them, a J.D. Power poll finds.
JPMorgan Abandoning Commissions … Or Not?
The firm told clients they have to move to fee-based or self-directed accounts, unless there is a delay in DOL's fiduciary rule implementation.
Emergency request to block fiduciary rule filed in Texas court
The U.S. Chamber of Commerce and industry groups suing the Labor Department over its fiduciary rule in a Texas court have filed an emergency request asking a judge to stop the rule.
DOL issues temporary enforcement policy on fiduciary rule
Field Assistance Bulletin sets out policy if Labor fails to delay rule’s applicability date before April 10.
Merrill Opens ‘Pandora’s Box’ With Shift on Commissions: Analysts
KBW weighs in on what moving away from a fee-only approach could mean for recruiting, operations and legal issues.
Merrill Reconsiders Commissions on Some Retirement Accounts
Wealth chief Andy Sieg, though, tells the Thundering Herd that restrictions “remain in place, including [those] on mutual funds.”
DOL ‘relief’ would kill small annuity marketers, groups say
NAFA says a stiff minimum size requirement would shut out most IMOs.
DOL proposes 60-day fiduciary rule delay
The Department of Labor has released a proposed rule to extend for 60 days the applicability date of its legislated fiduciary standard.