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By Melanie Waddell, AdvisorOne |
November 8, 2011
More than 30 House Democrats sent a letter to Secretary of Labor Hilda Solis that not only thanked her for Phyllis Borzi’s decision to withdraw the DOL’s proposed rule redefining the term fiduciary, but also set out specific areas the new rule should address when it’s reproposed in early 2012.
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By James J. Green, AdvisorOne |
September 17, 2011
Democratic Congressman writes Labor Secretary Solis, calling for her to “withdraw and repropose” fiduciary rule under ERISA; FPA and FSI voice approval
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By Melanie Waddell, AdvisorOne |
July 27, 2011
A day after lawmakers told the EBSA to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA), Sen. Kay Hagan, D-N.C., said Wednesday that her office plans to meet with both Borzi and Secretary of Labor Hilda Solis to discuss the fiduciary...
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By Danielle Andrus, AdvisorOne |
May 13, 2011
The Social Security Board of Trustees released its annual report outlining Social Security's health, and Labor Secretary Solis and others were quick to offer their takes on the results.
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By Savita Iyer-Ahrestani, AdvisorOne |
April 1, 2011
The 50 million Hispanics in the U.S. represent 15% of the American workforce, and the Hispanic small business sector is the country's fastest growing sector.
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By Michael S. Fischer |
October 14, 2010
Putnam Investments will offer transparent and comprehensive disclosure of fees and expenses to participants in the 401(k)plans it administers, the company announced Wednesday.
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By Michael S. Fischer |
July 16, 2010
The U.S. Department of Labor (DOL) issued an interim final rule on disclosure of fees and conflicts of interest affecting 401(k) and other retirement plans on Thursday, July 15.