Law creates a differential in tax rates that may lead business owners to shy away from sponsoring a retirement plan, or water down existing benefits.
When advisers make the claim that an investment product has no risk and is crash proof, it is a clear, almost blazing red flag that the investment is a potential fraud.
Securities and Exchange Commission members also reiterate their concerns about virtual money.
New York Gov. Cuomo promises to sue federal government, make changes in state tax code.
As the regulator becomes more transparent, it may also become more fair on arbitration and enforcement.
Fiduciary advocates hope Democrats will continue to hold the line against the provision
Jamie Hopkins, associate professor of taxation at the American College of Financial Services, offers guidance.
Other companies, including TIAA and New York Life, settled self-dealing suits for millions of dollars in 2017.
The SEC likely will adopt the DOL's definition of fiduciary, and put a rule in place by the end of 2019.
Senior reporter Mark Schoeff Jr. speaks with Investment Adviser Association CEO Karen Barr about what's to come now that the SEC has a full commission, including how the agency might proceed on its fiduciary rule.
Independent advisers and investment clients fared much better than the DOL rule and robo platforms.
The tax-advantaged retirement vehicle has grown in popularity among advisers and clients, despite obstacles.
Tyrone Pang was terminated for accepting a customer's check made payable to himself for an insurance premium payment.
Pay attention to new rules for the "individual mandate" requirement and the medical expense deduction floor.
Fraudulent posts criticize the DOL fiduciary rule, and other groups overseeing advisers are similarly vulnerable.
Cerulli says 'concern for fiduciary alignment' will color product selection.
Finra says the bank's ratings system was riddled with errors and cost clients money.
The proposal is a worthy effort that needs tweaking, so weigh in during the Jan. 2 to Feb. 2 comment period.
Leon LaBrecque, managing partner at LJPR Financial Advisors, offers guidance on Washington's major overhaul.
Advisers say to accelerate deductions, if the client's county allows prepayment and the client can afford it.
