Claimants asserted firm was negligent and breached its fiduciary duty.
The plaintiff claims the company only offered one unaffiliated investment option during the class period, resulting in excessive fees for participants.
Plaintiffs claim practice of charging plans a percentage of assets is unreasonable.
Custodian ramping up its digital-platform offerings in race to accumulate assets.
Only one plan was assessed positively as both an investment and a savings vehicle.
In separate appearances before Senate panels, the regulators stressed the cooperation that Republican legislators and opponents of the DOL fiduciary rule are demanding.
Assessment also evaluates growth and transferability potential.
SEC chairman acknowledged that tighter budgets would require increased efficiencies to meet examination goals.
Americans are more likely to choose debit cards for routine purchases.
An anti-retaliation provision in the 2010 Dodd-Frank law could insulate publicly traded companies from some whistle-blower lawsuits.
Brian Graff, executive director of the National Association of Plan Advisors, predicts the Trump administration will favor tax changes that will be well liked.
The HEART Act permits rolling all or part of life-insurance and combat-related-fatality payouts directly into the tax-free retirement plan, but few take advantage.
Other states could move in to plug the fiduciary gap if the DOL and SEC devise a watered-down standard.
Prompted by the DOL fiduciary rule, LPL has told its hybrid advisers they can offer education and outline options, but cannot advise clients to roll over their funds into an IRA.
Testimony at Block trial places REIT czar at center of alleged conspiracy.
Like generations before us, millennials have an entrepreneurial spirit. What separates us is our ability to harness technology to be more productive; to achieve more in the same time given.
The organization's efforts are another signal that the fiduciary movement is picking up steam; advisers should let their opinions be known.
All-public arbitration panel says firm breached fiduciary duty.
The SEC budget request for 2018 projects 1,044 full-time OCIE employees, down from 1,069 in fiscal 2017.
Firm censured for inaccuracies and errors in OTC options reports from 2008 through this year.
