Uncertainty around the rule may be contributing to tentativeness from advisers and distributors.
Fidelity, responding to demand for fiduciary services, will be competing with third-party providers such as Financial Engines and Morningstar for distribution.
Even as retirees live longer, healthier lives, they've become more pessimistic about the economy, the stock market, and their own financial situation.
The prudence requirement in being gauged based on the portfolio in aggregate but also on individual investment options.
Residency rules can be very complicated, and states can be aggressive in taxing former residents.
Starting June 10, verification code required to access personal accounts.
The largest record keeper is being more aggressive than its peers in pushing fiduciary services for retirement plans and participants, observers say.
Employees allege the firm failed to act in their best interests when managing their retirement plans.
Fidelity Investments says auto enrollment and auto escalation are pumping up retirement savings.
"Auto-escalation" helped the average balance in a Fidelity account reach $95,500.
Advisers should have their antennas up when an IRA owner dies and leaves the IRA to a non-spouse beneficiary.
In the latest dispatch from the retirement front, Mary Beth Franklin mulls health insurance and estate planning choices.
Beginning in July, interest rates on new government loans are set to rise.
Beginning in June, Merrill advisers will be able to use "limited purpose brokerage IRAs" for certain products and transactions, and the firm will also make more products available over its advisory platform.
Opportunities abound for advisers schooled in tax-efficient withdrawals.
Private-equity firms have snapped up a bunch of record keepers, perhaps motivated by access to millions of participants to whom they can sell a variety of financial product
Some arguments against the programs appear flimsy when examined closer.
Sometimes it is possible to reverse unintended claims.
Some opposed to state-run retirement plans argue that these types of plans should be handled by the private sector rather than the government.
The new health care bill and a move to limit retirement savings will both hurt those trying to prepare for retirement
