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About That DOL Fiduciary Survey ...
ThinkAdvisor
[Opinion] June 12, 2014
"[T]he DOL has been seeking to create clarity on the fiduciary issue so there is no further dodging of the fiduciary role by those who have creatively skirted ERISA while continuing to deliver advice. The industry apparently does not want to declare themselves fiduciaries to do what they have been doing for years under the guise of 'education.' ... In an ERISA plan, serving other interests beyond those of participants and beneficiaries is prohibited and always has been."
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