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Testimony of PSCA at DOL Hearing on Proposed Conflict of Interest Regs
Plan Sponsor Council of America [PSCA]
[Opinion] Aug. 10, 2015 "Plan sponsors are concerned that the availability of educational services will be limited or become more costly if the Proposed Rule is finalized without additional clarification. Our principal concern is that if investment education is deemed to be 'investment advice,' providers may no longer offer these services or will impose advisory-level fees, making the information unattainable for many employees." MORE >> |
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