How new leadership at DOL could address retirement rules
InvestmentNewsJanuary 25, 2018
By all accounts, the administration of Donald J. Trump is slashing regulations across government. However, there are some exceptions to the rule, and a less ambitious deregulatory regime seems likely under new leadership at the Department of Labor.
On Dec. 21, the U.S. Senate confirmed Preston Rutledge, a veteran Capitol Hill staffer and former tax law specialist at the Internal Revenue Service, as the new head of the Department of Labor's Employee Benefits Security Administration.
Blaine Aikin, AIFA®, CFA, CFP®, offers his take on how he sees Mr. Rutledge's agenda at the DOL unfolding.