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The DOL’s Final Fiduciary Rule Released: Plan Sponsor’s Perspective

Apr 08, 2016

Wednesday, the Department of Labor (DOL) issued its
highly-anticipated final regulation (Final Rule) that, once
effective, will make sweeping changes to the fiduciary
definition under the Employee Retirement Income Security
Act of 1974 (ERISA) and the Internal Revenue Code (Code).
Investment professionals working with employer-sponsored
retirement plans (such as 401(k) plans) and IRAs (including,
for example, an individual retirement account or annuity or
a health savings account) must evaluate and, if necessary,
alter their current practices or risk significant legal
exposure. (Read More)

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