DOL PTE 2020-02 grants relief to financial advisors and institutions who provide investment advice if the terms of the PTE are satisfied. Advisors who offer rollover advice should, by this point, know ...

This month, the Department of Labor’s Prohibited Transactions 2020-02 (PTE 2020-02) went into effect. This regulation increases the fiduciary scrutiny placed on IRA rollovers and other transactions ...

The Retirement Security Rule and accompanying Prohibited Transaction Exemption amendments, finalized in April, elaborate on differential pay between products offered by advisers and how advisers ...

The Department of Labor has several objectives in issuing its latest iteration of the fiduciary rule and one of them is expanding the scope of fiduciary activities, a Washington attorney said. The ...

Here’s a discomforting stat. John Faustino, head of Broadridge Financial Solutions’ fiduciary certification and training solutions, reports that about 10%-15% of the firms with whom Broadridge raised ...

A number of insurance agents may be violating U.S. Department of Labor rules by accepting “conflicted compensation” from annuities sales for rollovers from retirement assets because their insurance ...

Advisers take note: The Department of Labor’s Prohibited Transaction Exemption 2020-02 will begin to be fully enforced effective July 1. Jason Roberts, CEO of the Pension Resource Institute and ...

TORONTO--(BUSINESS WIRE)--InvestorCOM, a leading regulatory software provider to the wealth management industry, today announced that American Investment Securities Group LLC (AISG), an independent ...

CLEVELAND--(BUSINESS WIRE)--RIA in a Box, a leading Software-as-a-Service (SaaS) provider of compliance and operational software to the wealth management industry, has announced a partnership with ...