New adviser rules may bolster retirement plans
New rules for financial planners advising retirement plans and Health Savings Accounts could have an unexpected benefit for small businesses. The rules, from the U.S. Department of Labor, place new “fiduciary” responsibilities on financial advisers and consultants. They must pick the most economical plans – without regard to their own compensation — when advising clients. Read More →
Bill would require equal pay for ‘substantially similar’ work
What was once a taboo question in the workplace may become a more explicit employee’s right. “How much does my co-worker make?” Even though workers are allowed to ask such a question under the protection of the National Labor Relations Act enacted in 1935, employees were often told — either overtly or implicitly — to Read More →
South Coast legislators push for more oil pipe oversight, quicker spill response
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