Legal

After the DOLs proposed fiduciary rule is adopted this year, advisors will face a very different world when designing or selling annuities.

The Supreme Court is being petitioned to review a claim that could clarify when participants in defined benefit pension plans have a right to sue sponsors under the Employee Retirement Income Security Act.

The DOL filed suit against the IAMNPF, the fifth largest multiemployer pension plan in the U.S., which has a funded status of 101 percent, accusing its trustees of breaching fiduciary duty.

Why shouldnt interested members be able to view the version of the DOL's fiduciary rule currently under review at the Office of Management and Budget, asks Rep. Jared Polis.

More bills have been introduced that mirror other legislative efforts to derail the DOL from implementing its fiduciary rule. Here's what you need to know.

Two Republican bills survived the mark-up hearing with 22 Republican votes, and 14 Democratic dissenters. Both bills would give Congress the authority to vote down the DOLs rule within a 60-day period after it is ultimately finalized.