Sentences with phrase «dol fiduciary rule»

It repeals the Volcker Rule, the DOL Fiduciary Rule and the Durbin Amendment — a controversial cap on debit card swipe fees for banks.

«That has created a lot of pressure, not only in the lifecycle REIT space, but across mutual funds, ETFs and a variety of other financial products that are impacted by the DOL Fiduciary Rule,» says Chereso.

The DOL Fiduciary Rule applies specifically to the sale of products for Employee Retirement Income Security Act of 1974 (ERISA) plans and individual retirement accounts (IRAs).

Collected, analyzed and summarized data and trends addressing major insights including recent DOL fiduciary rule.

6/9/2016 - Ninth Annual Advanced Topics in Hedge Fund Practices, Part 13: Tax Updates and the New DOL Fiduciary Rule — Do I Care?

Following a broadly structured decision by the 5th U.S. Circuit Court of Appeals to vacate the DOL fiduciary rule expansion, the National Association for Fixed Annuities decided its own appellate challenge has been made unnecessary.

Nearly a month after an appellate court unexpectedly quashed the DOL fiduciary rule expansion, the Securities and Exchange Commission has announced a date and time for its first formal meeting on the topic.

In this week's #OfficeHours with @MichaelKitces, my Tuesday 1PM EST broadcast via Periscope, we discuss how the DoL fiduciary rule will likely end out causing an improvement in the return performance of actively managed mutual funds, thanks to the rise of clean shares and a shift in how brokers are compensated for recommending such funds!

Which means, «suddenly», we're going to start seeing the average actively managed mutual fund begin to improve on its performance... starting this week, with the rollout of the DoL fiduciary rule (and the rapidly rising adoption of clean shares in particular).

But the truth is, that there actually is no requirement in the DoL fiduciary rule that financial advisors eschew actively managed funds and switch to lower cost passive funds.

While much has been said about the impact this will have for advisors and their clients, there's also a not - well - discussed secondary shift that will be triggered by the DoL fiduciary rule, which will impact actively managed mutual funds and their performance in the coming years — in a «surprisingly» positive way.

Also, Andy speaks to a caller about the DOL fiduciary rule, and the impact it could have on retirement savers.

Last week President Trump halted implementation and enforcement of the new DOL Fiduciary Rule scheduled to take effect in April.

The DOL Fiduciary Rule is designed to regulate activities related to employer - sponsored plans and anyone who gives advice on retirement plans, including advice on rolling over or transferring a retirement plan to an IRA.

The DOL Fiduciary Rule does not and will not apply to accounts that are not retirement accounts.

That means even without the DOL Fiduciary Rule a fee - only registered investment advisor is required to put their client's interest first, whether funds are in a retirement account or not.

Since the wealth management industry has been focusing on this for so long, I will paraphrase it: The DOL fiduciary rule is coming fast

Regardless of the DOL fiduciary rule going into effect, clients now expect their advisors to provide them with advice that is compliant with the fiduciary standard.

New research follows previous Cerulli analyses showing home - office discretion over advisory clients» investment exposures will increase significantly under the DOL fiduciary rule and other competitive pressures.

Almost 36 % of advisors surveyed thought the DOL Fiduciary Rule would contribute to an increase in bond ETF usage.

The outperformance stems in part from the expectation that the new DOL Fiduciary rule and the legal pressure to move assets to lower priced index funds are over.

Every financial publication has an article about how Trump might be ruining your retirement with his executive order to revise the Department of Labor's DOL fiduciary rule for financial advisors.

If you follow the wonderful world of investments, then you know that the financial industry is up in arms about the DOL fiduciary rule.

The DOL fiduciary rule is changing the way financial advisors manager their client's investments.

Enjoy the current installment of «weekend reading for financial planners» — this week's edition kicks off with the news that the DoL fiduciary rule still isn't quite dead yet, with the attorney generals of three states now appealing to the full group of 5th Circuit judges to (re --RRB- consider their request to take up the defense of the DoL fiduciary rule after the Department of Justice declined to defend it themselves, suggesting that it's inappropriate that the judges who vacated the fiduciary rule itself should also be allowed to determine alone whether the states should be allowed to appeal their ruling.

It is a distinct possibility that the DOL Fiduciary rule will not go through with Trump winning the Presidency.

The outperformance stems in part from the expectation that the new DOL Fiduciary rule and the legal pressure to move assets to -LSB-...]

Paul Ellenbogen, head of global regulatory solutions at Morningstar, said the latest moves «could be the beginning of a price war,» which was likely sparked by the DOL fiduciary rule that take effect in early April 2017.

Commemoration The Frankel Fiduciary Prize Program in Washington will honor Phyllis C. Borzi, with a program which seeks to highlight the historic significance of the DOL Fiduciary Rule.

According to Wong and the Morningstar report, here are the four biggest winners and three biggest losers under the DOL fiduciary rule:

At the Morningstar Investment Conference in Chicago, panelists outlined a recent Morningstar report that shows the positive and negative monetary impacts the DOL fiduciary rule will have on the industry.

Updating our annual «Value of a Fiduciary Advisor» study for 2017 seems especially relevant given the spotlight that the DOL fiduciary rule has shone on all manner of fees in recent months.

Galvin alleged the firm knowingly violated the DOL fiduciary rule by holding a series of call nights and sales contests to drum up new business ahead of its planned merger with TD Ameritrade.

Those prohibitions closely resemble the impartial conduct standards included in phase one of the DOL fiduciary rule.

Many firms are taking away the ability to charge separate financial planning fees, because they could run afoul of the proposed DOL fiduciary rule.

«The implementation of the DOL fiduciary rule in 2017 had a significant impact on the individual annuity market,» said Todd Giesing, director, Annuity Research, LIMRA Secure Retirement Institute.

Every financial publication has an article about how Trump might be ruining your retirement with his executive order to revise the Department of Labor's DOL fiduciary rule for financial advisors.

As the summer closes and we all prepare for our final quarter of activity, the April 10, 2017 deadline for complying with the DOL Fiduciary Rule looms ever nearer.

That is why we have become increasingly concerned with the growing noise from DOL Fiduciary Rule cheerleaders about the need to regulate who gets to use the term advisor and who does not.

With the industry already moving in the direction of fiduciary duty, one could argue that the DOL fiduciary rule is unnecessary.

Join us for a live webinar with CEO David Trainer to learn more about New Construct's unique DOL Fiduciary Rule solutions.

What CFA is also forgetting is that the DOL Fiduciary Rule and impartial conduct standards no longer permit a «sales - driven relationship,» and the very requirements of the fiduciary duty are trust and reliance on the fact that the customer's interests always come first.

No one can say at this point whether the DOL Fiduciary rule will be allowed to stand, or if it does how it will be interpreted.

What this means for IRA rollovers under the DOL Fiduciary Rule and adherence to the Impartial Conduct Standards is that «Reasonable Compensation» will be under heightened and severe scrutiny.

Tom: We're going to talk about... [Read More] MAM 184: Tim & Tom Talk DOL Fiduciary Rule

The NAIC working group will study the language, among other aspects, of the DOL fiduciary rule standard, Nickel said.

If that wasn't enough, the National Association of Insurance Commissioners formed a working group to examine the possibility of state regulators using key principles of the DOL fiduciary rule for annuity sales.

And with the DoL fiduciary rule effective date looming large in April of 2017, large broker - dealers may suddenly transition hundreds or even thousands of brokers into a new fiduciary obligation, all at once, with only perhaps some sales and product training, but not the training and education necessary to be capable of fulfilling their fiduciary duty of care!

Register to attend the ThinkAdvisor / National Underwriter Co. webinar on Aug. 24, The DOL Fiduciary Rule: What Now?

Broker - dealer Scottrade has been charged with violating the impartial conduct standards of the DOL fiduciary rule.