IRA Rollovers Face Scrutiny by ERISA Panel
The volume of retirement assets rolling out of defined contribution plans has gotten the DOL's ERISA Advisory Committee’s attention.
SEC Investor Advisory Committee Mulls ‘Accredited Investor’ Criteria
SEC Chairwoman White also gave an update on the uniform fiduciary standard, target date fund rules and other issues the committee has weighed in on.
DOL Fiduciary Redraft Opposed by 90% of FSI Advisors: FSI Poll
Advisors say the DOL should not redefine fiduciary under ERISA, according to an FSI poll. Most advisors also think the GOP will win the Senate.
PBGC Halts Employer Shutdown Cases
After complaints, PBGC said Tuesday that it is placing a six-month moratorium on the enforcement of facility shutdown cases.
Are 401(k) Revenue-Sharing Deals on Their Way Out?
About 13% of plans had no form of revenue sharing whatsoever last year, a figure that most expect will only grow.
Yellen’s Economy Echoes Arthur Burns More Than Greenspan
Federal Reserve Chair Janet Yellen faces an economy that is starting to look more like the 1970s than the 1990s.
Dow Average Tops 17,000 as Payrolls Rise Amid ECB Plans
Records set for Dow industrials, S&P after Labor Dept. reports 288,000 new jobs in June and Mario Draghi reveals European stimulus plans.
4 Signs a Recession Is Nowhere Near: LPL
In its midyear forecast, LPL Financial Research looks at several long-used indicators to predict the path of the economy.
White House Getting Involved With DOL Fiduciary Redraft
The White House’s National Economic Council will be performing “industry outreach” regarding the DOL's fiduciary redraft, according to industry officials.
Treasury Clears Way for Longevity Annuities in 401(k)s, IRAs
The Treasury Department and the IRS on Tuesday issued final rules to make longevity annuities accessible to the 401(k) and IRA markets.