A controversial Obama-era rule for retirement advisors, delayed by a review ordered by President Trump because of strong Republican and financial industry opposition, will partially take effect next month, Labor Secretary Alexander Acosta said. But Acosta indicated he has problems with the rule...

BING NEWS:
  • Here’s the new standard your retirement planner must meet
    If you use a financial advisor to help you with your retirement savings, that advisor must now meet new, stricter guidelines for the advice they give.T ...
    04/24/2024 - 3:35 am | View Link
  • DOL issues final retirement advice rule, setting up potential court fight
    Opponents haven't stated publicly that they will file a lawsuit, but one will almost certainly challenge the Biden administration's expansion of the fiduciary duty.
    04/23/2024 - 10:18 am | View Link
  • Labor Department issues rule to crack down on bad retirement savings advice
    The Biden administration issued a final “fiduciary” rule that aims to rein in conflicts of interest that officials say erode Americans’ savings.
    04/23/2024 - 6:00 am | View Link
  • More

 

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