Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
AimPoint Pension
|
Compass
|
Regional Vice President of Sales The Retirement Plan Company
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
DOL Pending Fiduciary Rule Remains Flawed, Negatively Impacting the Marketplace
Kenneth E. Bentsen, Jr., SIFMA President & CEO, in The Hill [Opinion] Feb. 10, 2017
"The industry will endeavor to undertake what its regulators task it to do, but that doesn't mean the rule is without flaws (it isn't), or that the implementation timeline wasn't realistic (it wasn't), or that the implementation timetable demanded by the rule won't have consequences (it will).... The industry has publicly and robustly supported a best interest standard for brokers and dealers who provide personalized investment advice. We believe that when providing advice, regardless in what type of account, it should be in the client's best interest.... The DOL is not the agency to accomplish this task, and its rule will result in less choice for investors[.]"
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |