Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Key Points on the Fiduciary Rule Phase-In
Morningstar; free registration may be required May 24, 2017 "The new definitions of who is a fiduciary will go into effect along with the impartial conduct standards on June 9 ... [T]here was always supposed to be a transition period for firms to be fully compliant with the best-interest contract exemption. That transition will now be easier.... [T]he department clarified that financial institutions have flexibility in designing their internal systems to ensure that their advisors give best-interest advice during the transition.... [T]he most likely area for adjustment is around the use of class action lawsuits as an enforcement mechanism." |
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