As Congress wraps up its pre-holiday session, we’re watching forfilibustering on the budget bill in the Senate regarding concernsfor funding for coal miners’ health care and pensions. Meanwhile…

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Puzder a puzzler? Not really

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President-elect Trump has been filling his future cabinet, andthe pattern of his picks is “anti-regulation.” So the news abouthis choice for DOL secretary, Andrew Puzder wasn’t puzzling. Still,it sent many press releases into our Inboxes -- from those opposed,those approving, and those carefully walking a line in between. Whythe mixed reactions? Read this and see: Trump said to pick DOL head: AndrewPuzder.”

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Is Trump going to be a robot’s BFF or not?

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The largest robo-advisory, Betterment, took out full-page ads inmajor publications this week. One contained an open letteraddressed to Trump, about the DOL fiduciary rule. In it, CEO JonStein asked Trump to “stand on the side of America’s 75 millionretirement savers.” Read more about the fiduciary rule and howrobo-advisors fit in it: “Betterment CEO to Trump: DOL fiduciary rule worthyour time.”

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How we make decisions

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Sponsors of 401(k) plans know there’s been an increase inlawsuits this year against plan sponsors, many of them relating tofees. Cerulli Associates attempted to gauge the effect of such aclimate on sponsors’ behavior and beliefs. Read what they found in“Litigation is top fear of majority of 401(k)sponsors.”

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A former financial analyst, an architect, and an editorwalk into a bar….

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Actually, they were at a brunch, and no booze was served. Theywere trying to decipher the end-of-year letter to 401(k)participants from a well-known retirement plan provider. Each ofthe three reached a different conclusion.

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Often the burden is on workers to figure out their retirement.But even apparently well-educated employees need help dealing withthese pain points: 9 reasons why retirement may goextinct.”

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Who’s in your 2016 Rogues Gallery?

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Our fellow editors at another ALM publication,LifeHealthPRO.com, put together this surprisingly far-ranging listof insurance/financial industry rogues. Rather than compile oneourselves, which some readers might find predictable, we thoughtyou’d rather read this one and tell us who’s on yours:“National Underwriter’s 2016 RoguesGallery.”

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