Week’s Best: DOL Fiduciary Rule Under Fire, Insurance Groups Sue; Merrill Settles Discrimination Case
Nine insurance organizations have filed a legal challenge against a Labor Department regulation that would expand fiduciary responsibilities for...
retirement advisors
Criticism Mounts for DOL Retirement Fiduciary Rule
The Department of Labor's fiduciary proposal for retirement advisors faced harsh criticism at a House subcommittee hearing, with no...
Labor and Financial-Industry Clash Over DOL Fiduciary Proposal
In a heated public hearing, labor and consumer-advocacy groups clashed with representatives from the financial-services industry over the Department...
Business Groups Request More Time to Respond to Fiduciary Proposal
A coalition of 18 business groups, including the U.S. Chamber of Commerce and Financial Services Institute, is urging the...
Annuity Trade Group Fights Back Against Biden’s Fiduciary Proposal
The president of the Insured Retirement Institute, Wayne Chopus, has criticized President Biden for his recent comments about the...