Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

The 'Final' Countdown: DOL Fiduciary Rule Still Applies June 9, 2017
Porter Wright Morris & Arthur LLP Link to more items from this source
[Guidance Overview]
June 2, 2017

"[P]lan sponsors [should] take the following steps sooner rather than later. [1] Review all existing advisory relationships ... [2] Review existing educational materials ... [3] Review practices related to rollovers into and out of the plan ... [4] Confirm that in-house employees who provide advice to participants are not being separately compensated for such advice ... [5] Confirm that existing plan investment managers can continue to rely on any needed prohibited transaction exemptions. [6] Analyze contractual arrangements with advisers to confirm fiduciary status and compliance with rules and related exemptions.... [7] Confirm that the fee structure and amounts of compensation received by advisers are not prohibited transactions."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.