Why the DOL’s Third Extension on the Fiduciary Rule Is a Big Deal
Financial advisers, brace yourselves: the Department of Labor (DOL) has just requested a third extension for finalizing the much-touted retirement fiduciary rule—pushing the decision deadline out to October 28, 2025. This matters. A lot. Here’s the breakdown…
Private Equity in 401(k) plans: Boon or a big nothing burger?
As I am sitting in my pool on a Sunday evening, I decided to read the Executive Order (EO) signed by President Trump on August 8th. Yes, as an ERISA nerd, this is how I relax in my pool. You can read the EO yourself, if you would like, by CLICKING HERE. Most of the articles that are coming out in the financial publications are fairly skeptical about…
Five-Part Test vs. Biden's New Fiduciary Rule: What’s Supposed to Change and Why It Matters
If you’re a financial professional working with 401(k) participants or IRA clients, you need to know this: The Department of Labor (DOL) has been trying to overhaul….
Calling all Chief Compliance Officers (CCO):Don’t Miss the June 30th Deadline:
Financial Firms Must Complete Their PTE 2020-02 Retrospective Review Soon! If your financial advisers rely on…
There is going to be an increase in ERISA lawsuits.
Here’s why . . . Recent Supreme Court ERISA Decisions: What Financial Advisers Need to Know A U.S. Supreme Court’s recent decision on ERISA (Employee Retirement Income Security Act of 1974) will reshape the litigation landscape for…