Gridlock Likely in New Congress as Fiduciary Regs Hang in Balance
The list of regulations and legislation that the advisory industry will be watching — and lobbying to influence — in the new year is long.
Sen. Hatch’s 2015 Priority: Torpedo DOL Fiduciary Efforts
Sen. Orrin Hatch, who will take over as Finance Committee chairman, says he will reintroduce his SAFE Act, which halts DOL’s fiduciary overhaul.
Social Security Is Failing Elderly Women: Sen. Wyden
At hearing, lawmakers explore ways to shore up Social Security for women, as they are twice as likely as men to fall into poverty.
House Renews Tax Extenders Through End of 2014
Rep. Camp of Michigan condemned “legislating on a temporary basis” as a “terrible way to make tax policy” before the House passed the measure.
Smaller Tax Extenders Package on Tap as Shutdown Looks Unlikely: Analysts
Plenty of drama will ensue, but a spending bill, even a short-term one, will prevail in the end, Washington pundits predict.
IRS Pushed to Crack Down on ‘Mega IRAs’
GAO report offers recommendations to IRS on reining in large retirement accounts with hard-to-value assets.
Senate Committee Warming Up to Multiple Employer Retirement Plans for Small and Midsized Employers
In a move that many industry watchers said is long overdue, Congress is turning its attention to a number of issues related to retirement preparedness
Lobbyists Gear Up to Prod New Congress on User Fees, Retirement, Cybersecurity
The IAA, for one, sees an opportunity to gain Republican support for an SEC user-fees bill.
Tax Extenders Bill in Jeopardy as Debt Limit Looms
“No one has any idea how to pay for that,” one analyst says.
IRS Prods Lawmakers to Pass Tax Extenders
Senate Finance Chairman Wyden prodded Congress after the IRS warned that failure to act could disrupt tax filing season.