DOL
Get the latest news and insights on the Department of Labor's moves around the fiduciary rule, other financial regulations, enforcement actions and more.
Trump DOL Fiduciary Rule to Take Effect Tuesday
By Melanie WaddellLater this year, the department will likely "begin work on a more robust fiduciary definition," said ERISA attorney Fred Reish.
September 14, 2020
There's No Easy Fix to the DOL Fiduciary RuleLabor's proposal is unworkable for major segments of the insurance industry. Why hasn't the industry risen up?
September 04, 2020
Life Industry Reps Try to Speed Shape DOL Rollover Standards DraftThe department's EBSA branch kept a hearing on proposal short.
August 31, 2020
Dalbar to DOL: A Rollover Decision Is Not an Investment DecisionDalbar's president rejects officials' predictions about what their rollover standards proposal would cost.
August 25, 2020
Pacific Life to DOL: Are You the Rollover Police?Sharon Cheever says that, if DOL does have jurisdiction over rollovers, it should limit the scope of that jurisdiction.
August 18, 2020
DOL Issues Rule on Lifetime Income StatementsThe rule, mandated by the Secure Act, is intended to help workers picture their savings as a monthly income stream.
August 14, 2020
5 Groups That Aren't Thrilled With DOL's Fiduciary RewindLabor's decision to return to the five-part fiduciary test adopted in 1975 has drawn widespread criticism.
July 14, 2020
How DOL's New Fiduciary Rule Would Affect Rollover AdviceAdvisors providing rollover advice may become subject to fiduciary standards, but they may find relief in the new prohibited transaction exemption.