DoL to Hold Hearings on Fiduciary Rule
The Department of Labor today announced a series of public hearings on its rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.
Browsing: Wealth Management
Fed Survey Finds Increasing Economic Optimism
Four in 10 U.S. households surveyed last fall said they were somewhat or much better off financially than they had been five years prior, according to the Federal Reserve’s 2014 Survey of Household Economics and Decisionmaking released today. Just over a quarter said they were worse off than in 2009.
SEC Releases Frequently Asked Questions on Money Market Funds
The SEC has released a series of frequently asked questions on its 2014 reforms of money market mutual funds. The FAQs represent staff views on the new rules and address a number of issues including which investors would be eligible to invest in retail prime money market funds starting in October 2016 when the reforms take effect.
ABA Wins Longer Comment Period on Fiduciary Rule
The Department of Labor on Friday said it would extend the comment period for its rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.
ABA Seeks Longer Comment Period, Briefing on Fiduciary Rule
ABA yesterday repeated its call for the Department of Labor to extend the comment period for its rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.
ABA, Business Groups Support Deferred Taxes on Retirement Savings
As the Senate Finance Committee solicits feedback on comprehensive tax reform, ABA and several other business trade groups yesterday urged the committee not to change the tax treatment of employer-sponsored retirement plans and individual savings vehicles like IRAs.
Labor Department Proposes More Expansive Fiduciary Definition
The Department of Labor today re-proposed a rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.