U.S. wealth management firm will continue to offer both fee-based and commission accounts
A new survey found that 43% of advisors are planning to expand their services to a more holistic planning approach in response to the rule coming into place next year
The National Association for Fixed Annuities is seeking an injunction against the rule
Public Investors Arbitration Bar Association says efforts to block fiduciary rule are self-serving
Nine industry organizations sue Department of Labor
In this week’s Gaining Altitude, Dan Richards, CEO, Client Insights, discusses the new fiduciary rule for retirement accounts issued by the U.S. Department of Labor and what this means for Canadian advisors.
Will regulators actually go ahead with reform proposals?
The rule aims to ensure that retirement savers get investment advice in their best interest
Advisors are focused on market volatility over other business challenges
The DOL rule’s impact will likely vary based on a firm’s size and the sales channel it occupies