DOL Advances State-Based Retirement Plan Rule
DOL has filed with OMB its proposed rule designed to make it easier for states to offer retirement plans without running afoul of ERISA.
Experts Take Aim at DOL Fiduciary Redraft
One ERISA lawyer perhaps said it best after digesting the DOL's 700-page fiduciary redraft: “There is so much to say. I don't know where to begin.”
NAPA’s Deep Reservations About DOL’s Broker Rules
NAPA says it opposes any regulation that would hamper an advisor's ability to help retiring clients shift their savings to an IRA.
New Hire Roundup: DeNoyior Named President of NAPA
Meanwhile, 361 Capital announced that Andrea Coleman has joined as regional investment specialist.
ASPPA, Affiliated Groups Rebrand as American Retirement Association
“Our membership base has expanded dramatically over the past several years,” says ARA's Brian Graff.
No, New Broker Rules Won't Strand Investors
In opposing DOL's proposed fiduciary rule on retirement advice, Wall Street is really arguing it would be too costly to provide non-conflicted advice. That's different from saying the rule would harm lower-income savers.
Obama Endorses DOL Fiduciary Redraft, Girds for Fight
“If you want to give financial advice, you have to put your clients’ interest first,” Obama said Monday, blasting “backdoor payments” and high fees.
DOL Fiduciary Redraft Still Coming in January: OMB
An update from the OMB shows the DOL still plans a January release, despite speculation to the contrary.
Helping Clients Set the Date—For Retirement
It’s all about building a portfolio that has the productive power to fund after-tax lifestyle expenditures over increasing life expectancies.
New Hire Roundup: NAPA Announces New President
Also in new hires, Jeffrey Boujoukos was named by SEC as assistant regional director in Philadelphia.