Sentences with phrase «proposed fiduciary rule»

«[In addition to advancements in the robo - space], the continued ramp - up toward implementing the Department of Labor's (DOL) proposed fiduciary rule [also will be a trend].

This week, President Obama made a speech in which he vocally supported the Department of Labor's new proposed fiduciary rule, which sets new uniform rules to ensure financial advisers always act with their clients» best interest in mind.

Last month, the DOL held 4 days of hearings regarding its proposed fiduciary rule.

These settlement fees got me thinking about the DOL's proposed fiduciary rule.

The proposed fiduciary rule creates a best interest contract exemption, which is a contract that the advisor will have to present to a potential client.

The proposed fiduciary rules are not an explicit fee cap, but they would require that «any fees and costs paid by the client be reasonable for the services provided.»

But Schapiro told Investment Advisor in an exclusive interview in mid-March that while she's hopeful a proposed fiduciary rule will be unveiled this year, those in the industry shouldn't count on it being one that is identical to the fiduciary rule being crafted by the Department of Labor.

And the Department of Labor's proposed fiduciary rule, while not fully implemented, has certainly raised a flag in the minds of financial intermediaries regarding costs.

The 2016 dip is only partially attributable to benefits moving more in - the - money during the year; it is likely that uncertainty surrounding the DOL's proposed Fiduciary Rule and political factors encouraged a «wait - and - see» attitude among many policyholders and advisors.