If you’re like me, spring cleaning gets interrupted by tax time. Piles of paper build up around the house. The desk looks about as messy as the garage …
While this situation usually corrects itself after April 15 (or 18), other steps in the post-winter decluttering and reorganizing drive take more deliberation. At Research, we’ve decided not to throw out any content, but to divide it into three tidy topics: Product & Industry Updates, Planning & Retirement Insights and Portfolio Perspectives.
This month, we begin the Product & Industry Updates section with a look at the recently released Department of Labor fiduciary standard. The new rule was expected for some time, but — of course — the devil is in the details.
Columnist Mark Elzweig shares his views on the DOL issue and its impact on recruiting, as well as the industry overall, in this month’s “Recruiter’s Reflections.” Given the complexity of the new rule, we will be examining this issue in greater depth next month and in future issues.
In the Planning & Retirement Insights section, Scott Stolz tackles the complex issue of what happens to annuities in the divorce process. Michael Finke breaks down the threat posed by robo-advisors, while Jane Wollman Rusoff describes why investors worry about interacting with registered reps.