Is (or Isn’t) Time Running Out for the Fiduciary Rule?

Three benefits attorneys told RIJ this week that the DOL's fiduciary rule became effective last June, and that it may be hard to stop the rule--or even delay the April 10 applicability date--without another lengthy review and public comment process.

Más o Menos: Ticos Cheerfully Eke By

With 4.8 million people, Costa Rica’s problems are comparable to those of a big U.S. city, like Los Angeles or Chicago. Yet the tensions of a large U.S. city seem absent here, as the famously warm and friendly 'Ticos' go about their business. (Photo: Traffic in San Jose)

Dream-House Shopping in Costa Rica

The house was for sale. Its mystical vibe seduced them into paying $150,000 in cash. Monkeys, sloths, macaws, butterflies and gekkos would be their neighbors as the couple aged. 'It was definitely impulsive,' the musician told RIJ.

Skin in the (Costa Rican Retirement) Game

How do Costa Ricans pay for retirement? In San Jose, Alvaro Ramos Chaves (above), the pensions regulator, told RIJ how his nation’s mandatory DB and DC plans work. His insights could inform our own debates.
Featured

Federal Judge Upholds Obama Fiduciary Rule

Ignoring a Trump administration request to delay her ruling, Chief Judge Barbara Lynn of the Northern District of Texas, Dallas Division, rejected industry arguments that the Obama Department of Labor had exceeded its authority.
News

Is (or Isn’t) Time Running Out for the Fiduciary Rule?

Three benefits attorneys told RIJ this week that the DOL's fiduciary rule became effective last June, and that it may be hard to stop the rule--or even delay the April 10 applicability date--without another lengthy review and public comment process.

Who buys income annuities, and why most people don’t: EBRI

“Those with inadequate assets might value a regular stream of income very highly and those with the most might expect to live longer and can also afford it even after leaving a bequest,” the Employee Benefit Research Institute said in a release this week.

Merrill Lynch launches hybrid digital-human advice platform

Through the new platform, investors at any asset level can access strategies “built and managed by the Global Wealth & Investment Management (GWIM) Chief Investment Office, not by algorithms," a Merrill Edge release said.

Honorable Mention

Brief or late-breaking items from LifeYield, Northwestern Mutual and Envestnet | Retirement Solutions, Lincoln Financial, AICPA, and Mercer.