The 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 ...
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HLF 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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