What Firms Must Disclose Before a Rollover Under New DOL Rule
By Thomas D. GiachettiInvestors must have access to information about costs, conflicts of interest and alternatives to rolling over their assets.
January 03, 2024
Schwab Urges DOL to Withdraw 'Ill-Fated' Fiduciary RulePeter Morgan, Schwab's general counsel, told Labor that its plan is "a solution in search of a problem."
January 02, 2024
New DOL Fiduciary Rule Will Be Crushed in Court: SIFMAThe trade group told Labor to abandon the rule, which it calls "more troublesome" than previous fiduciary proposals.
January 02, 2024
DOL Pushes Insurance Officials on Fiduciary Duty vs. Best InterestDuring a hearing on Labor's new fiduciary rule, Labor asked insurance industry advocates to explain the difference.
December 28, 2023
DOL Denies Second Request for More Time on Fiduciary Rule CommentsSenators had sent letters to Labor on Dec. 20 asking officials to extend the comment period beyond Jan. 2.
December 27, 2023
RIA Model Is at the 'Tipping Point': Mercer Advisors' WellingThe fiduciary model helps clients "connect the dots to get what they really want" for their financial lives, the CEO said.
December 21, 2023
Why the DOL Hearings Generated More Heat Than LightMaybe the fiduciary definition proposal weakens the fiduciary concept.
December 13, 2023
Would New DOL Fiduciary Rule Curtail Advice Access? No Way, Consumer Groups TestifyAt a DOL hearing, the Consumer Federation of America called this industry argument "a scare tactic."