DOL

Everything You Need to Know About the DOL's Fiduciary Rule Delay

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

The process to approve a new Fiduciary Rule by the Department of Labor is proving to be more of a marathon than a sprint. On August 9, 2017, the Department of Labor requested to delay review and applicability of the long-awaited fiduciary rule until July 1, 2019Here we unpack what led to this, what it means for you, and what direction we can most likely expect things to go next. 

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Final Ruling: What Does the New Fiduciary Rule Mean for You?

You may have heard about announcement of new Department of Labor (DOL) fiduciary rules today. In reviewing the final regulation’s highlights – I think the DOL has worked very closely with many industry practitioners in an effort to construct a workable rule that best serves working Americans while also recognizing the importance of advisors and service providers in creating successful retirement plans.

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A Fiduciary Advisor’s Perspective on the DOL’s Consumer Protection Proposal

A version of this post originally appeared on Employee Benefit News  

After years of discussion, the Department of Labor has finally proposed a new rule altering the long-standing “fiduciary standard”. Controversial and contested from its initial discussions in 2010, these new regulations have been framed as a way to help the middle-class avoid excessive fees and poor advice from financial professionals who do not already serve as a fiduciary. 

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