Andrew Welsch is a former managing editor of Financial Planning.
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The department also proposed a rule to permit cities to create retirement savings plans
August 25 -
The U.S. Chamber of Commerce, SIFMA, FSI and other groups are asking a Texas court to vacate the Labor Department's new regulations less than a year before the rule goes into effect.
June 2 -
Retirement advisers should be ‘proactively preparing’ for the impending regulatory changes.
February 3 -
Warnings of billions in crippling costs and TV attack ads are the latest salvos from opponents of the Labor Department's fiduciary rule after hearings closed last week. The industry's newest claim is that independent firms could get hit with a bill tallying up to $3.9 billion in startup costs alone should the rule go into effect.
August 18 -
After four days of public hearings, in which dozens of participants weighed in, the Labor Department is one step closer to implementing a new fiduciary standard, the scope of which heartens supporters and troubles critics.
August 13
