Parts of the rule not subject to a contract requirement don't offer investors an avenue to recover losses if they receive bad advice.
The monetary agreement follows a court ruling last month.
A fiduciary rule repeal isn't as important as other legislative issues, such as the debt ceiling and tax reform, according to Rep. Phil Roe.
Continuity plans are being activated and emails sent out to clients about precautions they should take to safeguard their important records.
The fee squeeze is at a tipping point, and 401(k) advisers need to adapt by being more diligent in assessing their profit margins and value proposition.
High rates of employee turnover and inefficient administration by an employer should give advisers pause before implementing the plan-design feature.
The tax agency provided similar relief to victims of Sandy in 2012.
The Trump administration is signaling its intent to remove the fiduciary rule's provision regarding class-action litigation. Here's what broker-dealers and RIAs need to know.
The class-action provision is one of the most reviled portions of the Labor Department's fiduciary rule.
A dramatic shift in the market share of IRA-sold versus non-qualified variable annuities is starting to play out.
