President Trump has instructed the Secretary of the DOL to rescind or revise the fiduciary rule after conducting an impact study. We have laid out where we go from here.
Fiduciary Rule – A Never Ending Saga
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Regulations
DOL FAQ 2 – Conflict of Interest
Here is the updated FAQ released by the DOL on their conflict of interest rule.
FAQ – Consumer Protections for Retirement Investors
Here is the updated FAQ document from the DOL regarding its Conflict of Interest Rule.
Whack-A-Mole: Fiduciary Considerations in Plan Fees
Using revenue generated from investment vehicles to offset retirement expenses is a fiduciary decision, and far too many plan sponsors are not aware of the decision being made on their behalf. Unsuspecting plan sponsors believe that their retirement plan is “free” while all along the plan is paying all expenses through the use of revenue paying investment vehicles.
DOL Comment Letter on Fiduciary Definition
Philip Chao’s public comment letter to DOL re: “fiduciary” definition.