Personal Finance Advice and Commentary

Monday, January 11, 2016 3:55 pm
By Dr. Don Taylor · Bankrate.com

A fiduciary standard is the higher standard and requires that the professional put the client’s interests 1st in the actions he or she takes on behalf of the client.

Monday, September 21, 2015 6:05 am
By Dr. Don Taylor · Bankrate.com

Turbulence over 401(k)s and fiduciary standards may create an opportunity for the announced launch in 2016 of Betterment for Business, a 401(k) platform.

Tuesday, August 18, 2015 3:39 pm
By Jennie L. Phipps · Bankrate.com

The Consumer Financial Protection Bureau is publishing guides to help family fiduciaries act in the best interest of their loved ones. Its new guide is geared to Virginians.

Tuesday, August 18, 2015 6:05 am
By Dr. Don Taylor · Bankrate.com

A fiduciary has to put his or her client’s interests first when it comes to providing investment advice. Employers providing 401(k) plans have had a fiduciary responsibility to the plan participants.

Monday, February 23, 2015 3:52 pm
By Jennie L. Phipps · Bankrate.com

Proposed new rule would hold brokers to a higher standard when they sell retirement investments.

Tuesday, October 29, 2013 4:00 pm
By Jennie L. Phipps · Bankrate.com

The CFPB today released four guides to help financial caregivers understand their responsibilities.

Wednesday, September 21, 2011 4:12 pm
By Jennie L. Phipps · Bankrate.com

The U.S. Department of Labor withdrew its proposal yesterday to make investment advisers responsible for the advice they provide to savers in 401(k)s and other workplace retirement plans. The rule change would have required investment professionals to act as fiduciaries, a role that makes them legally responsible to act in the best interest of their