Follow Us
© 2026 Arizent. All rights reserved.
Of the many industry critiques of the Department of Labor’s fiduciary proposal, one of the most oft-repeated is the assertion that new regulations would cut off access to advice for low- and middle income investors precisely the segment of consumers the initiative aims to protect.
Also see: Industry making a last gasp effort for revisions to DOL fiduciary rule
Kenneth Corbin is a Financial Planning contributing writer in Boston and Washington. Follow him on Twitter at @kecorb.
For reprint and licensing requests for this article, click here.
Some ultrahigh net worth clients would be affected by a change to retirement plan contribution and distribution rules that's under consideration in Congress.
A Deloitte analysis shows that alternative allocations — to private equity, private credit and other vehicles — in DC plans could grow quickly.
Alternative retirement options are growing in popularity as employees reject traditional, more rigid, plans.
Expansion of savings vehicles, along with the largest transfer of wealth in U.S. history, bodes well for plan participants as advisers shift to offering ongoing financial guidance.
The Department of Labor issued a safe harbor rule protecting benefit leaders as they navigate the added risk to retirement planning.
