In early April, the Department of Labor (DOL) issued its new rule defining the fiduciary standard for financial services provided to retirement assets. But DC plan sponsors, financial advisors and ...
The fate of a new Department of Labor rule, one that would require advisors to adhere to stricter standards of fiduciary care when they give advice on retirement products, has been caught in legal ...
WASHINGTON, DC - JUNE 21: The US Department of Labor headquarters building is seen at dusk on June 21, 2024 in Washington, DC. (Photo by J. David Ake/Getty Images) The ability of fund managers to ...