Fiduciary standard

Mounting regulatory pressure will push firms to decrease the number of products available due to compliance risks, Cerulli Associates says in a new report.

From recommending wrong share classes to cherry-picking allocations, these are the pitfalls advisers should avoid.

This group of planners can thank the Department of Labor for the new business.

Even as more planners see opportunities in the rule, a large cohort are reconsidering their careers.

Explaining is as straightforward as using this phrase: Fiduciary rule.

From hiring sprees to accelerating software launches, companies are gearing up for the significant expenses and changes wrought by the new regulation.

The department is defending the rule in three cases brought by Wall Street trade groups, which are aiming to dismantle the new regulation.

The rule is finally dragging traditional brokers into the modern era.

After the DoL’s fiduciary rule, this is just a cost of doing business for those offering retirement advice.

After DoL’s fiduciary rule, this is just a cost of doing business for those offering retirement advice.