Legal

One trend in 529 plans? More than 75 percent of contributions were $200 or less. Learn what the average balance is, and more.

When Congress passed the Wall Street Reform and Consumer Protection Act (aka Dodd-Frank) in the summer of 2010, it neither reformed Wall Street nor protected consumers. Indeed, it did worse.

The Supreme Court has ordered a lower court to reconsider whether fiduciaries of Verizons defined benefit pension plan violated their duty to participants.

The U.S. Senate voted to pass S.J. Resolution 33, which would rescind the Department of Labors recently finalized fiduciary rule.

The DOL fiduciary rule could affect big recruitment bonuses that often come with strings attached -- such as production levels and quotas for proprietary products.

Two recently filed class-action claims against bank holding companies underscore the fiduciary risk in offering proprietary mutual funds to 401(k) participants.