Would New DOL Fiduciary Rule Curtail Advice Access? No Way, Consumer Groups Testify
By Melanie WaddellAt a DOL hearing, the Consumer Federation of America called this industry argument "a scare tactic."
December 12, 2023
BD, Insurer Groups Blast Fiduciary Plan at DOL HearingLabor's rule "is overly broad, unnecessary, and inconsistent with existing federal regulations," says a SIFMA lawyer.
December 12, 2023
House Votes 320-71 for Health Transparency BillRep. Cathy McMorris Rodgers' committee has just approved a package of other health bills.
December 12, 2023
DOL's Gomez Lays Out Fiduciary Rule's Chief GoalsDOL's two-day public hearing on its new fiduciary plan kicked off Tuesday, with more than 40 groups set to testify.
December 11, 2023
Dave Ramsey's 8% Withdrawal Advice Could Lead to Ruin: Peter MalloukTaking 8% a year from an all-stock portfolio would have drained holdings for many retirees, Mallouk noted.
December 11, 2023
FINRA Releases Reg BI NoticeThe notice points broker-dealers to various SEC resources to help them comply with the best-interest rules.
December 11, 2023
Older Consumers Flock to Cash-Value Life PoliciesMIB sees a spike in application activity for shoppers ages 71 and older.
December 11, 2023
Global Atlantic, John Hancock Strike Biggest LTCI Reinsurance Deal EverThe deal could be a sign that private long-term care insurance is making a real comeback.