The US Department of Labor has asked the 5th Circuit Court of Appeals to pause its appeal of a stayed rule that would have expanded the definition of a “fiduciary” under the Employment Retirement ...
Money managers, financial advisors, bankers, insurance agents, accountants, executors, board members, and corporate officers all have fiduciary responsibilities. Fiduciaries are legally bound to ...
an annuity in this situation from a commission-based fiduciary agent would have preserved her $18,000 of income for life. Her income would be guaranteed. The agent would have been compensated by ...
Fiduciary has become a hot button word in the financial industry. What makes an advisor a fiduciary? Is being a fiduciary better for the client? What about for the advisor? To make matters more ...
The Labor Department has filed a motion to pause two federal court cases challenging the Retirement Security Rule, which was ...
The Trump administration Department of Labor wants a time out from ongoing lawsuits to decide how to deal with its latest fiduciary rule.
A fiduciary is someone who acts on behalf of ... These so-called advisers are not held to either standard and act as agents of insurance companies solely focused on marketing fixed life insurance ...
Ask an Advisor: 'I'm Too Trusting and Gullible.' How do I Find a Financial Advisor Who Truly Acts as a Fiduciary? How can I reliably verify that a specific financial advisor is a true and full ...
When it comes to demonstrating and maintaining a fiduciary duty, financial professionals who have the accredited investment fiduciary, or AIF, credentials have a little more "oomph." This ...