The senators — Ted Budd, R-N.C.; Bill Cassidy, R-La.; Joe Manchin, D-WV, and Roger Marshall, R-Kansas — said in a joint ...

The rule, finalized April 23, changed the test used to determine when someone is an investment advice fiduciary under ERISA.

On April 23, the US Department of Labor (DOL) released a final rule significantly expanding the definition of who qualifies as a fiduciary under the Employee Retirement Income Security Act (ERISA) ...

No sooner had the DOL published the final fiduciary rule than it was hit with a lawsuit in Texas federal court on May 2, 2024, by a group of Texas-based insurance agents looking to invalidate the new ...

The Retirement Security Rule, finalized on April 23, is polarizing and is sure to face significant legal challenges (one ...

A pair of resolutions filed today -- one in the House, one in the Senate -- seek to preempt the Department of Labor Retirement Security Rule.

ACLI’s ”focus now is on scrutinizing the Labor Department’s regulatory package and considering what can be done to ensure ...

Morningstar estimates that the rule could save retirement plan participants a total of $55 billion in fees over the next 10 years. And those savings would jump to $130 billion over the subsequent 10 ...

Three regulatory amendments that are attached to the new "retirement security rule" display the stakes of the legal challenge ...

Next, in 2016, the DOL sought to establish a broad fiduciary standard for advisers to ERISA plans and IRAs by replacing the ...

The FACC lawsuit repeats a familiar, and successful, argument from DOL foes: that the department exceeds its authority ...

Those who show a "systematic pattern" of violating the Department of Labor’s new fiduciary rule can face a tsunami of penalties, including a 10-year ban on providing rollover advice, monetary ...