A single standard would both protect investors and simplify regulation.
The bipartisan legislation aims to encourage saving by fixing a wrinkle in existing law.
Former exec says he repeatedly warned of accounting mistakes in REIT financials
Financial advice will learn a lot from a world based on efficiency.
Both young and old clients expect to be able to have digital interactions with their advisory firm.
The measure, effective July 1, requires advisers to disclose any "profit or commission" they receive and make a "diligent inquiry" about a client's financial condition and goals.
Active managers are struggling in the face of the index-fund craze, fee compression and TDF dominance.
A former high-ranking executive testified that he repeatedly raised warnings of an accounting error at the real estate investment trust.
Mr. Lew, who served under the Obama administration from 2013 through the start of 2017, acknowledged the rule has "unintended consequences."
The plaintiff claims roughly 95% of investment options offered in the plan since 2011 were "unduly expensive" proprietary funds that led to less retirement savings for participants.
Advisers to gain better risk analysis to help meet DOL fiduciary rule requirements.
Finding the "right" amount depends on your other holdings, your appetite for risk and how close you are to retirement.
The big news, announcements and underlying trends and developments in technology for financial advisers and wealth management.
Outside business activities are a vital component of the value independent financial advisers offer to their clients and communities.
Many advisers are embracing an exemption they've frequently derided, even though a less-contentious one is available for annuity sales.
Highlighting 'fragmentation and overlap,' department suggests establishing one lead agency to align federal and state efforts.
Mr. Block last year pleaded not guilty to charges, including conspiracy and securities fraud, stemming from accounting at the REIT once controlled by Nicholas Schorsch.
More than a dozen retirement experts weigh in with their advice.
Allocating a portion of savings in the right accounts can help manage costs.
The National Association of Insurance Commissioners is taking a fresh look at the suitability standard for annuities and considering making it a best-interests standard.
