Legal

Illinois is considering whether to tax retirement income, including pensions and Social Security.

A new claim against Fidelity Management Trust Company alleges fiduciaries imprudently mismanaged a stable value fund, resulting in more than $3 billion in depreciation to the fund.

Republican and Democrat lawmakers introduced 2 pieces of legislation that aim to put the fate of the DOLs proposed fiduciary rule in Congress hands.

If government regulators dont know the difference between competing business models, how can we expect the investing public to?

The DOL fiduciary rule survived the omnibus spending bill--there is no rider to defund the new rule, no alternative legislation that would weaken the Best Interest Contract Exemption, and no provision for another comment period. Here's why that's important.

Congressional leaders reached a tentative deal on measures to fund the U.S. government and make some expired tax provisions permanent, a top House Republican said Tuesday in Washington.