Retirement

Determining what is actually ‘in the best interest of the client’ is a gray area that may mean a greater risk of litigation for advisers and higher fees for small investors.

Understanding the pension and benefit plans of seller organizations is an important part of any acquisition, yet many companies report having less time to complete this due diligence.

One-out-of-four workers now worry about money issues on the job, resulting in lost productivity, but there are services consultants and brokers can offer to mitigate the problem.

Employers and advisers are urged to increase financial education so employees understand the pros and cons of tapping into their 401(k) plans for purposes such as paying off credit card or student loan debt.

Retirement plan advisers must rethink how they work and get paid, according to benefits attorneys and industry insiders.

Retirement plan advisers must rethink how they get paid, which could lead to a leveling of costs for plan sponsors.

Volatility fears are one reason many members of this generation haven’t taken to the variety of retirement savings products available.

Top DOL official counters that the new regulations will result in “major reform," while not ruling out additional government action.

Under the DOL’s new standard, all retirement plan advisers — and not just some — will have to put their clients’ interests ahead of their own.

In light of the DOL’s new rule, some advisers will have to define a new relationship with employers and may ask for additional fees.