Labor Department proposes retirement insecurity ...Middle East

The Labor Department (DOL) is back again with another attempt at a fiduciary-only regulation, what it has named a “retirement security proposal.” The proposal is a follow-up to the department’s 2016 fiduciary regulation which was rejected by a federal appellate court. It goes further in the wrong direction of that ill-conceived regulation. A Deloitte LLP study found the 2016 rule resulted in more than 10 million small retirement account owners with more than $900 billion in savings losing access to their financial professionals in 2017. This new proposed regulation is likely to cause more restrictions to access. DOL should call it a “retirement insecurity proposal.” Middle-income

Hence then, the article about labor department proposes retirement insecurity was published today ( Wednesday 13/12/2023 - 10:45 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Labor Department proposes retirement insecurity )

Also on site :

• 90 minutos para el infarto: todo lo que se define en la última jornada de las ligas de España, Inglaterra e Italia
• Best-Selling Author’s Hit Novel, Written in Six Years, Ranked Among ‘Most Sold Books’ in United States
• ‘Hope’ Review: Korean Action Maestro Na Hong-jin’s Rip-Roaring Sci-Fi Creature Feature Has Instant Cult Classic Written All Over It