Sentences with phrase «offer fiduciary advice»
In addition, as with all advisors today who currently offer fiduciary advice, under the DOL rule, the advisor need not avail him or herself to the entire universe of products, but may determine the firm's «shelf» of product solutions that serve his business practice and clientele best — using standards for selection and adhering to them.
https://insurancenewsnet.com/ Not exact matches
Whether the anticipated applicability of the Fiduciary Rule and PTEs has harmed or is likely to harm investors due to a reduction of Americans» access to certain retirement savings offerings, retirement product structures, retirement savings information, or related financial advice;
The opinions expressed are not intended to serve as investment advice (either under the Investment Advisers Act of 1940, or the Department of Labor's Fiduciary Advice Rule), a recommendation, offer, or solicitation to buy or sell any securities, or recommendation regarding specific investment stratadvice (either under the Investment Advisers Act of 1940, or the Department of Labor's Fiduciary Advice Rule), a recommendation, offer, or solicitation to buy or sell any securities, or recommendation regarding specific investment stratAdvice Rule), a recommendation, offer, or solicitation to buy or sell any securities, or recommendation regarding specific investment strategies.
Two other industry trade groups that have lobbied against the fiduciary proposal — SIFMA and FSI — offer slightly more conciliatory statements, though both groups argue that existing regulations under the SEC and FINRA are already in place to guard against bad retirement advice.
He added that the «flawed fiduciary rule's rushed implementation would have jeopardized access to retirement advice and choice while its severe consequences and compliance burdens would have made it harder for small businesses to offer retirement plans.»
A presidential order also imposed a 180 - day delay on the implementation of a «fiduciary rule» for brokers offering retirement advice.
If the advisor does offer advice and is not a fiduciary, there is no advantage to the plan sponsor; only the advisor's ego is served here.
The fiduciary standard of care requires that a financial adviser act solely in the client's best interest when offering personalized financial advice.
The opinions expressed are not intended to serve as investment advice (either under the Investment Advisers Act of 1940 or the Department of Labor's Fiduciary Advice Rule); a recommendation, offer, or solicitation to buy or sell any securities; or a recommendation regarding specific investment stratadvice (either under the Investment Advisers Act of 1940 or the Department of Labor's Fiduciary Advice Rule); a recommendation, offer, or solicitation to buy or sell any securities; or a recommendation regarding specific investment stratAdvice Rule); a recommendation, offer, or solicitation to buy or sell any securities; or a recommendation regarding specific investment strategies.
Johnston is also advising a construction company in a claim against a solicitor relating to negligent advice regarding a Part 36 offer and cost consequences given to the client following litigation, and Hall is handling a claim against solicitors for negligence and a breach of fiduciary duty relating to a property transaction.
Personal Capital is a fiduciary of its clients» money — meaning that it is required to (and desires to) offer advice in the best interest of its clients, not of the firm itself.
Whether during the period between 18th September 2008 and 19th January 2009 the Defendants breached the fiduciary duties and / or duty of care that they owed to the Claimants by (a) providing incorrect advice and / or recommendations, and / or (b) making incorrect or misleading statements and / or (c) omitting to disclose material information in relation to the financial circumstances of HBOS and / or the merits of Lloyds proposed acquisition of HBOS and / or its recapitalisation with government money through the Placing and Open Offer.
Whether during the period between 18th September 2008 and 19th January 2009 the Defendants owed fiduciary duties and / or a common law duty of care to the Claimants in respect of the correctness, accuracy and completeness of the information, recommendations and advice provided concerning Lloyds» proposed acquisition of HBOS and / or its recapitalisation with government money through the Placing and Open Offer, and if so the scope of any such duties.
All Certified Financial Planners, for example, act as fiduciaries when offering retirement advice.
In providing this information, neither KeyBank nor its affiliate are acting as your agent, broker, advisor, or fiduciary, or are offering any tax, accounting, or legal advice regarding these instruments or transactions.
A Realtor is supposed to be an expert in his / her field of endeavour (offering accurate, timely and effective advice designed to positively advance his / her client's fiduciary interests based upon extensive education and experience in said field of endeavour).