The bipartisan legislation aims to encourage saving by fixing a wrinkle in existing law.
Active managers are struggling in the face of the index-fund craze, fee compression and TDF dominance.
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.
Finding the "right" amount depends on your other holdings, your appetite for risk and how close you are to retirement.
Many advisers are embracing an exemption they've frequently derided, even though a less-contentious one is available for annuity sales.
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 RIA was previously affiliated with Kestra Investment Services.
Some advisory firms are using 81-100 trusts as a way to deliver scalable fiduciary investment services to the small 401(k) market.
The managed payout funds have an optional feature that automatically calculates and distributes an investor's RMD from the account.
Plaintiffs alleged Merrill Lynch didn't apply fee discounts for mutual funds to which some small retirement plans were entitled.
The $16.75 million settlement comes after 10 years of litigation.
Those who are already receiving benefits could get a boost from a cost-of-living adjustment projected for next year. But will it make up for the negative impact of rising inflation?
Firms have trimmed their lineups of investment products, leveled broker compensation and standardized compensation across product lines
Relying on mainstream concepts is becoming dangerous for retirement plan advisers when working with clients.
The regulation will trigger a fiduciary acknowledgement from advisers. But, strangely, it's not a disclosure mandated by the rule itself.
While Washington wrestles with the fate of the fiduciary rule, the financial advice landscape remains supremely dangerous.
The fact that the impartial conduct standards are the sole requirement of BICE during the transition period speaks volumes to their importance to retirement advisers.
A request for information sent yesterday to the Office of Management and Budget is the first step in reviewing the rule, Mr. Acosta said. <b>Plus, <a href="http://www.investmentnews.com/article/20170607/FREE/170609954/investment-adviser-association-members-take-complaints-about-dol" style="color:#b10816" target="_blank">Investment Adviser Association members take complaints about DOL rule to Capitol Hill</a>.</b>
Tuition versus cost of living in the U.S., state by scary state.
