Ted Godbout

Securities and Exchange Commissioner Hester Peirce on July 24 argued that the proposed Regulation Best Interest would set clear standards, even though the word “fiduciary” is not directly incorporated in the proposal.Addressing critics who remain unsatisfied, Peirce, who was sworn in in January... READ MORE

Building on the tax cuts enacted last year as part of the Tax Cuts and Jobs Act, Rep. Kevin Brady (R-TX), Chairman of the House Ways & Means Committee, released a "Tax Reform 2.0" framework July 24 that he plans to push this fall. The two-page outline includes three main components: make the... READ MORE

Two Republican and two Democratic senators have introduced a package of bills that would make “needed reforms” to improve retirement and economic security for individuals and families. Citing reports that nearly half of American families do not have any retirement savings and more than a third of... READ MORE

Many American workers are still recovering from the Great Recession, but most are focused on saving for retirement and have varying degrees of confidence they will be able to retire comfortably, according to a comprehensive study on worker perspectives. The Transamerica Center for Retirement... READ MORE

While few current retirees take a job in their “golden years,” a new study suggests that large percentages of future retirees expect to continue working during retirement, driven by uncertainty about Social Security and their own financial preparedness.PGIM Investments’ “2018 Retirement... READ MORE

New research reveals that many 401(k) plan participants still do not know what to do with their proverbial “pile of money” at retirement and need guidance. Findings from “The Cerulli Edge ? U.S. Retirement Edition, 2Q 2018 Issue” show that participants aren’t always clear on what they should do... READ MORE

Times have been good lately for investors, with proof not only in strong market returns but also solid investor returns, according to Morningstar’s 2018 “Mind the Gap” study.Among the key takeaways from this year’s report are that the gap improved for U.S. equity, balanced and municipal bond funds... READ MORE

While June 13 was widely cited as the last day the Department of Labor (DOL) could appeal to the U.S. Supreme Court the 5th Circuit’s ruling vacating the fiduciary rule, that day has now come – and gone. So now the prevailing wisdom is that the DOL fiduciary rule, as it largely existed, is now dead... READ MORE

President Trump has nominated Senate Banking Committee aide Elad Roisman to serve as a Republican member of the Securities and Exchange Commission (SEC).Roisman, who currently serves as Chief Counsel to the Senate Banking, Housing and Urban Affairs Committee under Chairman Mike Crapo (R-ID), would... READ MORE