Fiduciary standard

Nearly 84% of U.S.-based plans have an ERISA violation, spotlighting a need for independent benchmarking audits.

There are important nuances to note in the relatively straightforward requirements of the rule.

Shoring up fiduciary obligations under ERISA would be a much-needed protection for investors.

The guidance touches on the controversial policy debate about conflict-of-interest rules and what it means for brokers to act in the interest of their clients.

Lawmakers want annuities in Americans’ retirement plans in reintroduced legislation.

Such changes can occur without new rulemaking, agree fiduciary advocates and ex-regulators at an Institute for the Fiduciary Standard press conference

The nonprofit's response to the scathing criticism of the Independent Task Force on Enforcement was to protect its own executives at the expense of benefiting investors, writes Allan Roth.

Advocates hope the Labor Department's first clarification on the Trump-era advice rule is the beginning of a series of steps to improve advice standards.

Wealthy retail matriarch Beverley Schottenstein will accept less than the $10 million that FINRA ordered her two grandsons, former JPM brokers, to pay her for mismanaging her money.

The department says it is working “to determine how we might improve” the regulation.

The regulation permits more exemptions from fiduciary duties, but may itself be replaced by the incoming Biden administration.

Existing regulations that protect investors and deliver clarity to the industry must be preserved by the incoming administration, writes Financial Services Institute CEO Dale Brown.

With a new administration, the regulator has an opportunity to renew its focus on a key pillar of its mission.

Big changes to regulations and retirement planning could be in the mix following the Democrat’s election victory.

Insiders see a Democratic administration backing tightened investor protections as industry advocates look to tax legislation.

Director tenures, nominations and committees are changing after an independent task force identified weaknesses.

Expenses fell by 20 basis points and risk-adjusted returns climbed 92 bps, according to the study.

Tools from Betterment, Vestwell and FiduciaryShield make it easy for planners to become retirement plan advisors, but they need to think twice before jumping in.

More than 95% of comment letters submitted were opposed to the Labor Department’s proposed rule, according to a new analysis.

Ben Meng’s downfall raises questions about who would succeed him in a job that attracts so much unwelcome attention, not to mention navigate a pandemic.