Legal

The Institute for the Fiduciary Standard puts out a white paper addressing conflict of interest and other issues that it says are "not stressed nearly enough."

The House Appropriations Committee delayed for one week its vote on the resolution, which would fund the government until Dec. 11 and keep the SEC's funding at its current level.

The GAO report says that from 2002 through 2013, the overall number of individuals whose Social Security benefits were adjusted to pay for loan debt increased five-fold, from roughly 31,000 to 155,000.

The 9th Circuit Court of Appeals has reversed a lower-court ERISA-related decision that upheld a fiduciarys benefit denial in a ruling that could reach into other areas of benefit law.

The amendment also would raise federal government tax revenues by $14 million between 2015 and 2024, the CBO said.

Sponsors and advisors are getting more sophisticated about their fiduciary liability insurance needs, but the problem is far from resolved.