Legal

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.

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.

Advocates of the DOL fiduciary rule say requiring a new comment period is misguided and would kill the rule.

For all the bad associated with state-sponsored retirement plans, it might put this whole fiduciary standard debate behind us.