Randall & Hurley, Inc.
Loren D. Stark Company
EPIC Retirement Plan Services
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|PSCA Comment Letter to DOL on Proposed Fiduciary Definition (PDF)|
Plan Sponsor Council of America [PSCA]
July 23, 2015
"[M]any concerns rest upon an overly broad reading of the Proposed Rule's scope. In clarifying that scope as limited to persons or entities rendering investment advice for a fee, it may be helpful if the final regulation includes additional examples or model language that sharpen s the distinction between investment 'recommendations' and mere 'neutral, informative descriptions' of plan or IRA operations, investment options or taxation."
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