Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
AimPoint Pension
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
CRS Report: Department of Labor's 2016 Fiduciary Rule -- Background and Issues (PDF)
Congressional Research Service [CRS] [Guidance Overview] July 7, 2017 28 pages. "On April 8, 2016, the [DOL] issued a final regulation that redefined the term investment advice within pension and retirement plans.... The 2016 final rule is accompanied by new prohibited transaction exemptions (PTEs) and amendments to existing PTEs.... DOL delayed the applicability date by 60 days from April 10, 2017, to June 9, 2017, of [1] the expanded definition of investment advice and [2] the Impartial Conduct Standard of the Best Interest Contract (BIC) exemption.... [O]ther aspects of the exemption, such as requirements to make specific disclosures and warrant policies and procedures and to execute written contracts are to become applicable on January 1, 2018." [R44884; July 3, 2017] |
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). |