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Interesting Angles on the DOL's Fiduciary Rule, Part 61
FredReish.com Link to more items from this source
[Guidance Overview]
Sept. 12, 2017

"The best interest standard requires that an advisor obtain the information that is relevant to making a prudent and loyal recommendation about a distribution. The [DOL] has said that, at the least, that includes the services, investments, and fees and expenses in both the plan and the IRA.... The information about the services, investments, and fees and expenses in the plan is the most difficult to obtain. Fortunately, that information can be found in the participant's plan disclosure statements. Additional important information is in the participant's quarterly statements. But, what if the participant can't locate the information?"

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