Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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AimPoint Pension
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Compass
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DOL Publishes Proposed Delay in Conflict of Interest Rule Applicability Date
October Three Consulting [Guidance Overview] Mar. 9, 2017 "If the delay in applicability were not implemented, and the rule were ultimately rescinded, 'affected advisers, retirement investors and other stakeholders might face two major changes in the regulatory environment rather than one.' Thus, it is hard to see a justification for not delaying for some period. And it's clear -- with only 15 days to comment -- that DOL expects to adopt the extension relatively quickly.... A critical issue will be the extent to which the industry has already adapted to the new rule ... The delay (or, more significantly, the ultimate decision on review) may affect only part of the new rule[.]" |
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