Sentences with phrase «new fiduciary standard»

Joe and Al discuss new fiduciary standards from the DoD.

A new fiduciary standard applying to financial advisors of retirement accounts, including individual retirement accounts, is expected to be finalized by the Department of Labor within the next several months.

Repeal is necessary to remove the DOL from the process to ensure a uniform application of any new Fiduciary standard.

The new fiduciary standard mandated by the Department of Labor prohibits advisors from making recommendations that will cause compensation for their services to be more than «reasonable.»

But even on that benchmark their interpretations vary — evidence, perhaps, of the depth and complexity of the legal questions raised with the finalization of the Labor Department's new fiduciary standard.

This measure, part of the new fiduciary standard's best interest contract exemption (or BICE), means advisors and others have to figure out how to best define reasonable compensation by April 10, 2017.

Michael Zeuner spoke recently at a conference in Geneva, Switzerland in front of 150 bankers, lawyers, and trustees, about how the new fiduciary standard will impact trustees and advisors.

Changes in the cost structure associated with providing retirement advice is widely expected to push more middle - market clients into the self - directed IRA market because the new fiduciary standards generally do not apply to these accounts.

The difference in investment advice received by men and women requires further investigation, particularly given the new fiduciary standards for financial advisors.»

Most other companies have backed away from that completely to make compliance with the new fiduciary standard easier to understand.

It remains entirely unclear whether the review that will occur in this two - month window will result in the actual elimination of the new fiduciary standard.

Independent broker - dealers are also sounding the alarm over the DOL's new fiduciary standard.