Changes to DOL Overtime RuleAs you are aware, the Department of Labor’s new overtime rules were scheduled to take effect Dec. 1, raising the salary threshold for overtime pay from $455 per week ($23,660 annually) to $913 per week ($47,476 annually)...
DOL - Frequently Asked QuestionsGet the answers to many of the questions surrounding the DOL Rule, including: "What is Advisors Excel doing currently to work toward implementation?", "What will the rule mean for my business practice?" and more...
DOL Outlook: Your Guide to the New Fiduciary Rule
Through an ongoing series of webcasts over the next few months, Advisors Excel will bring you timely updates and clarifications related to the new DOL fiduciary rule and its implementation.
Donald Trump’s nomination of veteran Wall Street lawyer Jay Clayton to lead the Securities and Exchange Commission is expected to end the streak of aggressive regulators and litigators overseeing the country’s top markets cop.Read More
Legislation that would expand the pool of investors eligible to buy unregistered securities, make it easier to put annuities in 401 (k) retirement plans and stop a Treasury Department rule changing estate valuations are likely to be revived in 2017 after dying in this year’s Congress.Read More
Mary Jo White has stepped to the front of the line of financial regulators moving aside for Donald Trump’s administration.Read More
The Department of Labor has scored a small victory, with a federal judge rejecting one of several legal challenges to the agency’s fiduciary rule, the Wall Street Journal reports.Read More
One year after the Bipartisan budget Act of 2015 was signed into law on Nov. 2, financial advisers continue to be baffled by how to help their clients maximize their Social Security benefits under the new claiming rules.Read More
The Lead The Way Initiative
The Lead the Way initiative from Advisors Excel offers you the very latest in educational resources, news links and bulletins, best practices and informative explanations to help you best serve your clients and stay informed of emerging developments in the tax, legal and regulatory areas.
December 18, 2015
On the subject of gifting, we wanted to remind you that there are substantial differences between the insurance standard and the securities standard. While securities regulations allow for gifts of up to $100 per year per client, insurance standards are lower in many cases and should always be taken into consideration. If the sale of an insurance product is contemplated or involved in your sales practice, you will need to adhere to the lower of the two standards for gifting, either insurance or securities.