Americans are living longer, which is great news. But at the same time, Social Security is predicted to become insolvent by 2033 and Americans are feeling less confident about retirement than ever before. It is safe to say there is ...
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The North American Securities Administrators Association (NASAA), a body that in part represents state securities regulators in the United States, is proposing revisions to its model rule on “Dishonest or Unethical Business Practices of Broker-Dealers and Agents.” State regulatory agencies ...
Read MoreThe Department of Labor has decided to push forward yet again on a federal regulation that would severely hamper the ability of millions of Americans to save for their retirement. Earlier this month the Department submitted a Notice of Proposed ...
Read MoreHLF today released an in-depth analysis of the U.S. Department of Labor’s 2016 fiduciary rule—a regulation meant to help financial services consumers by seeking to legally ensure that advisors were acting in their customers’ best interest. But despite the ...
Read MoreThe Ways and Means Committee in the U.S. House of Representatives recently announced the introduction of a bill that sets to increase options and flexibility for participants in defined contribution plans like 401(k)s and Individual Retirement Accounts (IRAs). The “Securing ...
Read MoreThis week HLF sent a letter to Secretary Alexander Acosta regarding the department’s pending so-called “Fiduciary Rule,” which was initiated late in the Obama Administration. Text of the letter is below: September 12, 2017 [address] Dear Secretary Acosta: ...
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