Featured Jobs
|
Regional Sales Director-Mid Atlantic July Business Services
|
|
Nova 401(k) Associates
|
|
Stones River Consulting
|
|
Regional Sales Director-Heartland July Business Services
|
|
EPIC RPS
|
|
Internal Channel Sales Team Lead July Business Services
|
|
Independent Retirement
|
|
Experienced Employee Benefits Attorney Shipman & Goodwin LLP
|
|
EPIC RPS
|
|
Daybright Financial
|
|
Director, Strategic Accounts and Channel Development July Business Services
|
|
Daybright Financial
|
|
Director of Regulatory Operations and Compliance PCS Retirement
|
|
Relationship Manager – Defined Contributions Daybright Financial
|
|
Spectrum Pension Consultants (part of Daybright Financial)
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
LPL Bars Brokers from 401(k) Rollover Advice
Financial Advisor IQ 
June 27, 2017 "LPL Financial's hybrid advisors will no longer be able to make 401(k) rollover recommendations when acting as brokers, InvestmentNews reports. The move will expose advisors and LPL to less risk under the [DOL's] fiduciary rule, which treats rollover recommendations as fiduciary advice and went into partial effect June 9, according to the publication. LPL's hybrid advisors will still be able to recommend rollovers if that advice is limited to their company's advice side of the business and meets certain conditions, according to an internal memo seen by InvestmentNews." MORE >> |
| 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). |