Jump to Navigation
Jump to Content

Investment advice

Split with White House widens as Democratic lawmakers ask DOL to extend comment deadline on fiduciary rule

News Item

More than two dozen Democratic lawmakers are asking the Labor Department to extend the comment period on a controversial rule that would raise investment advice standards for brokers working with retirement accounts.

More...

Major Financial Players Lobby Around Obama’s Investment Rules

News Item

In the months since President Obama announced his support for new retirement investment rules that would stop advisers from pushing high-fee plans on small-fry American investors, several major financial organizations have lobbied hard on a bill that would undermine the commander in chief’s agenda, according to recently released lobbying records for the first quarter of the year.

More...

Investment Advisers: Who Are They and Why Does It Matter?

Publication

The universe of financial advisers can be very confusing. People who give financial advice use many different labels, including 

More...

Obama puts weight behind push for fiduciary standard

News Item

With President Barack Obama now leading the charge, a multiyear battle to update a fiduciary standard for anyone giving retirement investment advice has defined contribution plan executives and service providers bracing for big changes.

More...

DOL Fiduciary Re-Proposal Fires Up Foes, Supporters, as They Brace for Battle

News Item

Opponents and supporters of the Department of Labor's fiduciary rule began gearing up for battle as soon as President Barack Obama said that he was throwing his support behind it.

More...

DC execs expecting big changes from Obama push on fiduciary standard

News Item

With President Barack Obama now leading the charge, a multiyear battle to update a fiduciary standard for anyone giving retirement investment advice has defined contribution plan executives and service providers bracing for big changes.

More...

President Obama calls for new consumer protections

Blog entry

At a briefing hosted by AARP yesterday, I had the privilege of watching President Obama announce his support for a proposed rule to put a brake on conflicts of interest in investment advice for retirement acco

More...

Obama Attacks Advisors Selling Snake Oil, Lauds New DOL Fiduciary Rule

News Item

Take two. President Barack Obama today called on the Department of Labor to move forward with a proposed rulemaking to require retirement advisers to put their clients’ best interest before their own profits. It’s a rewrite of the dropped 2010 rewrite of the 40-year-old fiduciary rule. (The 2010 rewrite was withdrawn in 2011 amidst industry furor.)

More...

Fiduciary Re-Proposal, Fee Disclosures On Deck for 2015; MEPs Wait in the Wings

News Item

Top employee benefit issues for the Department of Labor in 2015 are similar to those in 2014: a re-proposal that would expand the definition of "fiduciary" under the Employee Retirement Income Security Act and guidance on plan fee disclosures.

More...

New Fiduciary Push Faces Longer Odds

News Item

A coalition of consumer-oriented public interest groups has created a website designed to mobilize public support for a uniform fiduciary standard in anticipation of a renewed push to expand the standard.

More...
print Syndicate content