Independent Fiduciary Role Set to Be in High Demand

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Independent Fiduciary Role Set to Be in High Demand
Wealth Manager

June 1, 2010

Excerpt: When sponsors understand that they can outsource the fiduciary responsibility to an expert, it would seem to be an easy choice for them to make. Mamorsky says this area of expertise is ready to 'explode,' especially with the changes pending in Department of Labor legislation that is expected to require that plans reveal all fees or costs to participants.

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