DoL

Alexander Acosta must reckon with a June 9 deadline amid a tense political debate dividing the industry.

The Labor Department's own rule-making process may be presenting hurdles to completely rescinding the regulation.

ESG investing is one way to motivate young clients and boost their contributions.

The new offerings could boost returns to investors by 50 basis points, according to a Morningstar study.

The firm previously told some customers they would be transferred from their advisers to a self-managed system, but then backtracked and said it's holding off on the changes.

CEO Jon Stein bemoaned the rule's 60-day delay and mulled what would happen if it was repealed entirely.

Payment of back wages is ordered as well as reinstatement. A second reinstatement may also be in the works, Financial Planning has learned.

A new campaign, which highlights the toll investors may face from conflicted retirement advice, is designed to win grass-roots and government support for the regulation.

The Labor Department will now conduct a review with an eye toward amending or rescinding it.

Here's what an alternative approach to the Labor Department regulation could look like.

It’s time to consider payment schemes that are more transparent and better aligned between who pays the cost — and who enjoys the benefits.

Postponement serves no purpose, because honest consideration will not change the regulation.

Big firms are asking for more time, while investors and even some advisers are asking the Labor Department to keep the rule intact.

A higher standard of client care can still be enforced in the marketplace, fiduciary supporters say.

With an eye toward potential repeal, Alexander Acosta told senators that he will abide by President Trump's executive memorandum and review the rule's impact.

If Acosta is confirmed, one of his most immediate decisions will be how to handle the Obama-era regulation. Labor department officials say they expect him to bring a conservative approach.

As executives accept Trump's fiduciary rule delay, many have shifted their focus to the SEC's new reporting modernization regulation.

One planner says there's no reasonable basis for a delay, while another says he can't afford all the compliance costs.

Market forces have wrought changes that can't be repealed, according to champions of the rule.

Andy Sieg, head of the firm, had previously indicated that he was open to rethinking aspects of the firm's efforts to comply with the regulation.