ERISA

The department faced scathing criticism for hours from insurers and consumer advocates alike.

Fidelity's letter to the Labor Department says the proposal isn't “well grounded or supported by much of the emerging data.”

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

If the court ends up making this choice, intended family members may lose out — all for want of filling out a one-page form.

The current proposal “would lead to worse outcomes for plan participants as plan sponsors shied away from assessing ESG risks in selecting investments,” the research firm says.

Buyout amounts are high right now, but there are many other factors to consider when guiding your client to the right choice.

Community property rules, how to divide 401(k)s and the nuances of QRDOs are just some of the specifics advisors should know.

“The broker-dealer world has tried to hang their hat on suitability, and if you close your eyes a little and squint, they almost look like fiduciaries — but not really,” one advisor says.

Even after a federal appeals court struck down the rule, more clashes over the regulation of sales versus advice are inevitable.

Independent advisers are poised to benefit from implementation of the DoL ruling.