How will the new ‘fiduciary’ requirement for retirement planners ...

How will the new ‘fiduciary’ requirement for retirement planners affect you? ... Mark Huffman has been a consumer news reporter for ConsumerAffairs since 2004. Read More

Here’s the new standard your retirement planner must meet

Starting Sept. 23, financial advisors and retirement planners must adopt a fiduciary status when working with clients. Stay informed Sign up for The Daily Consumer ... Read More

A new fiduciary rule: What CPA financial planners need to know

You know, the plan participant could sue you under Section 502(a) of the statute if you were a fiduciary and you violated the prudent standard or the duty of loyalty or the like. In the IRA market, if ... Read More

Are You a Fiduciary? The New Definition of an Investment Advice ...

On April 25, 2024, the United States Department of Labor (USDOL) issued a final rule, the “Retirement Security Rule,” that significantly alters the definition of a “fiduciary” under the ... Read More

A New DOL Rule May Change How Advisors Handle Your Retirement Money

Fiduciary advisors are regulated according to the Investment Advisors Act of 1940. They must assess information to be accurate and correct, and do a thorough analysis for the client. Read More

Three Ways Fiduciary Financial Planners Put You First

In 2022, a client came to me after suffering a 25% loss in her portfolio, amounting to $500,000. She had been working with an adviser who wasn’t a fiduciary and who had reassured her that ... Read More

You Can Call the DOL’s New Investment Fiduciary Rule by Another Name ...

You Can Call the DOL’s New Investment Fiduciary Rule by Another Name (“Retirement Security” Rule), but it’s Still the “Fiduciary Rule” Linda Haynes , Richard Schwartz Seyfarth Shaw LLP ... Read More

Fiduciary duty informs everything we do, says retirement specialist

With 13 years in the industry, Fiorenza has seen how client expectations and industry trends have shifted firms’ core focus. Looking specifically at retirement planning with participants, when ... Read More

Recent Court Rulings Affect New Retirement Security Rule

By Adam Van Deusen. The Department of Labor (DoL), in its role overseeing retirement plans governed by ERISA (e.g., employer-sponsored 401(k) and 403(b) plans), has gone through a multi-year ... Read More

What Is a Fiduciary Financial Advisor, and What Do They Do? - USA TODAY

Fiduciary financial advisors help people with their money and are legally required to put their clients’ best interests ahead of their own. BLUEPRINT Insurance ... Read More

What Is a Fiduciary Advisor? | Financial Advisors - U.S. News

What it means to be a fiduciary advisor has a long and convoluted history. In fact, the original "fiduciary rule" was introduced by the U.S. Department of Labor around the same time consumers ... Read More