Lawmakers express frustration with Chairwoman Mary Jo White's leadership as they grill her on corporate disclosures and a universal fiduciary rule at Senate hearing.
Some of the more exotic ETF strategies may be difficult to defend as being in a client's best interest.
Labor Department acknowledges fiduciaries can apply environmental, societal and governance factors when investing
New guidance amends old rules that had a "chilling effect" on ESG fund use in ERISA plans.
State and federal initiatives are growing dialogue between policymakers, industry and congressmen around the retirement savings gap.
Incorporating robo-advice might make servicing middle market more profitable, Cerulli study says.
Industry blogger Michael Kitces questioned the board's decision to automatically extract a $25 donation when certificants pay annual dues.
The insurer joins other firms such as Fidelity Investments and Ameriprise Financial in settling allegations over excessive 401(k) fees in their own company plans.
Letter directs top regulator Richard Ketchum to do more to stop repeat offenders and the firms that hire them.
Finra's CEO was one of the sharpest critics of the proposed rule, but now he's praising the Labor Department. <i><b>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">Coverage of the DOL rule from every angle</a>)</i></b>
On tap for 2016: Fiduciary duty comes to fruition?
Sweep reminds broker-dealers they're going to be held accountable for hiring brokers who prove not fit to work in the industry.
Finding a policy that works in the best interests of your clients not as hard as you think
Congressional threat to the Labor Department's retirement advice regulation gets nixed by White House, while D.C. court says it will hear a case against the rule.
Third legal complaint against the Labor Department's regulation to raise retirement advice standards is filed in a Texas court by insurance-industry organizations.
The DOL fiduciary rule will forever change financial advice, and the industry now faces the challenge of adapting to the new regulation.
The mergers we may see as a by-product of the DOL rule are likely to be trickier &mdash; and more permanent &mdash; affiliations, and advisers will need to do their homework.
The legislation, which would automatically enroll employees without retirement-plan access, is a companion bill to one put forth in the Senate earlier this year.
The Labor Department's determination to move ahead with the fiduciary rule in spite of others' grave misgivings has left us with no other choice than to bring this issue before a court of law.
Even those fighting the regulation say advisers need to start making business decisions to meet April 2017 implementation.
