The Labor Department's fiduciary rule and pending MEP legislation may drastically reduce entrenched inefficiencies at the smaller end of the retirement market.
Advisers affiliated with Simi, Calif.-based indie manage $820 million in assets.
Most people need help confronting what they don't want to, and ongoing guidance to make the right choices.
The regulator undercuts its investor-protection mission by obscuring the most dangerous firms it oversees.
The funds are catching on due largely to lower costs and more product availability, but come with some inherent drawbacks.
CFP Board revises its standards and aims to beef up fiduciary requirements of certificants.
Some question whether brokers will drop the CFP mark or if the CFP Board will strictly enforce its new standard.
House Speaker aims to ease doubts about likelihood of major tax overhaul.
Attempts to suspend benefits can have disastrous results.
The legal victories come as asset managers are under fire for their dealings with retirement plans.
Lisa McAlister, former chief accounting officer at the REIT once controlled by Nicholas Schorsch, said Mr. Schorsch instructed Mr. Block to commit accounting fraud in a particular financial line item.
Three key roadblocks can slow or stop M&A: valuation, negotiation and emotion.
A single standard would both protect investors and simplify regulation.
The bipartisan legislation aims to encourage saving by fixing a wrinkle in existing law.
Financial advice will learn a lot from a world based on efficiency.
Former exec says he repeatedly warned of accounting mistakes in REIT financials
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.
She had originally been been selected by President Obama, but her nomination was stalled in the Senate.
