Fiduciary Rule

"This is a challenging time for the firm with the DoL rule," CEO Paul Reilly said.

The rule has cost the firm tens of millions of dollars in compliance and lost revenue.

Make sure clients understand that a 401(k) rollover could trigger a hefty tax bill, and that liquidating assets before the age of 59 1/2 could mean a hefty penalty.

The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.

The new executive will lead a team counseling advisers on how to comply with the DOL rule.

The Labor Department has indicated that further revisions to the regulation could be forthcoming.

July 24: The world’s largest independent broker-dealer has launched a new mutual fund platform to adhere to the rule.

A bill repealing rule moves on to House floor, while appropriators seek to block funding for the measure.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

Depending on business mix, some advisers could see a pay cut.

A new bill would go further than past attempts to block the Labor Department altogether.

Some advisers are actually embracing changes by making the rules work for them.

Some predict the new standards will push more planners to drop their CFPs.

The sales-first crowd is trying (desperately) to make sense of the new regulation.

How should banks approach the challenges ahead? Consultant Peter Bielan talks with Editor Lee Conrad.

The move comes the same week that the SEC said it would try to coordinate with the Labor Department on the regulation.

Concerns with the fiduciary rule, compensation and leadership pushed down satisfaction ratings.

Jay Clayton acknowledged in testimony on Capitol Hill that it's a “very complicated issue.”

The regulation, which has broad support among RIAs, has spurred firms to streamline policies and procedures, according to a new study.

Retirees who retire before 65 and want to reduce their premiums are advised to keep their taxable income between $12,060 and $48,240 (for singles) or $16,240 and $64,960 (married couples).