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| Fiduciary Investment Advice: Implications of DOL Prohibited Transaction Exemption 2020-02 Jackson Lewis P.C.  [Guidance Overview] May 17, 2021 "For employers that maintain retirement plans for their employees, the plan fiduciaries are responsible for ensuring that their retirement plans comply with the requirements of ERISA and the Internal Revenue Code. This includes a duty to make the prudent selection of investment advisors and monitor these service providers. Beyond this, employers are not directly impacted by the Exemption." |
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