Wine mogul Peter Deutsch is seeking as much as $500 million in damages from Fidelity for a bad investment in one Chinese stock.
U.K., Australia both passed fiduciary rules, though their versions weren't limited to retirement advice. How have they fared, and what can U.S. advisers learn from them? </br><b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">Coverage of the DOL fiduciary rule from every angle</a>)</b></i>
The retirement plan sponsor role comes with a very clear set of regulatory obligations to the Department of Labor &mdash; whether your clients are aware of them or not.
Bats Global deal seen as 'ice-breaker.'
Study says top 0.1% of taxpayers unloaded at elevated rates.
Trade-offs between ETFs that fit your clients' needs, and ones that can compromise their needs could be the difference between success or failure.
As an investment, this is an idea that adopts the same general form as mortgage-backed securities.
While the Labor Department's modifications in the final rule have muted industry opponents for the moment, Congress continues the old fight.
Wagers on rally climb to highest since 2012, CFTC data show
Three GOP senators co-sponsor a resolution to kill the regulation, though it's seen as symbolic, as President Obama would surely veto the measure if it passed.
Treasuries on course to biggest weekly drop since March 11
Mandatory payouts from savings plans may trigger new taxes.
Unprecedented surge in older Americans could be a boon to charities, nonprofits.
When reviewing life insurance options, advisers should look beyond hypothetical valuations.
Three changes would make the financial advice industry more nurturing and appealing for young professionals
The best and brightest who are set to transform the way you grow your wealth.
Deciding between a traditional and Roth 401(k) is essentially a bet on how your future income tax rates will compare to their current rate.
A professor formed an initiative to define the term and help advisers understand the DOL's fiduciary rule.
