DOL

Texas Judge Upholds DOL Fiduciary Rule in Dallas Lawsuit

Topics: DOL, Fiduciary, Regulation

Yesterday, US District Court Judge Barbara Lynn upheld the Department of Labor’s fiduciary rule by dismissing the lawsuit brought by the Chamber of Commerce, SIFMA, ACLI, NAIFA, and other trade groups in the Northern District of Texas. Judge Lynn granted the DOL’s motion for summary judgment, ruling that the Department did not exceed its authority…

IRS and DOL Investigate Qualified Retirement Plans.

Topics: DOL, IRS, Qualified Plans, Regulation

When either the DOL or IRS contacts a plan sponsor to begin the review process, it is imperative that the sponsor engage competent and experienced advisors to review the agency notices and assist with the process, including document and administration review, correspondence, and agency interviews. There is significant liability that can be assessed against the…

The Winds of Change Are Blowing – What’s on the Horizon

Topics: DOL, Fiduciary, IRS, Regulation

The WRMarketplace is created exclusively for AALU members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors. The AALU WRNewswire and…

DOL Issues Proposed Regulation Revising the Definition of Fiduciary and the Prohibited Transaction Exemptions for Adviser Compensation.

Topics: DOL, Fiduciary, Regulation

Thursday, June 4, 2015WRM#15-20 The WRMarketplace is created exclusively for AALU Members by the AALU staff and Greenberg Traurig, one of the nation’s leading tax and wealth management law firms. The WRMarketplace provides deep insight into trends and events impacting the use of life insurance products, including key take-aways, for AALU members, clients and advisors.…