Apr 16, 2015 | Legislative, Retirement Plans
The Department of Labor (DOL) finally proposed a highly anticipated rule that would require any advisor working with retirement plans to act in the best interest of clients. Under the rule change, all retirement advisors – brokers, registered representatives,...
Mar 4, 2015 | Legislative, Retirement Plans
Qualified retirement plans must restate their documents every five to six years (based on the type of document) in order to remain compliant. Here are a few questions that are commonplace during this time: Why do we need to restate the plan document? Regulations get...
Feb 25, 2015 | Investing, Legislative, Retirement Plans
In a speech on Monday at AARP in Washington D.C., President Obama gave the go ahead to the DOL on the redrafting of the “fiduciary rule” that would subject brokers to higher investment advice standards. Later that day, the DOL sent its “conflicts of interest” proposal...
