The plaintiffs and Labor Department are seeking summary judgment for the cases in a Dallas federal court, with a decision possible in October.
Legislators cite a recent TIAA study finding 30% of employees neglect accounts at previous employers when they switch jobs.
Recent 'Last Week Tonight' segment is just one example of the growing awareness of this issue.
Group sent letters of admonition to the advisers for misrepresenting their method of payment as fee-only.
Florida planners will continue legal battle over use of fee-only compensation label.
House Republicans rolled out a tax-reform plan on Friday that would reduce the number of individual rates to three and eliminate many deductions.
Interest group argues the fiduciary advisers it represents provide the type of protections intended by the standard.
The battle over the DOL rule is now moving into the court of public opinion. <i><b>Plus: <a href="//www.investmentnews.com/article/20160613/FREE/160619978/john-oliver-lambasts-u-s-retirement-savings-system-supports-dol"" target=""_blank"" rel="noopener noreferrer">Advisers react to comedian John Oliver's biting takedown of brokers and America's retirement system</a>.</b></i>
Lawmakers express frustration with Chairwoman Mary Jo White's leadership as they grill her on corporate disclosures and a universal fiduciary rule at Senate hearing.
Industry blogger Michael Kitces questioned the board's decision to automatically extract a $25 donation when certificants pay annual dues.