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DOL Temporarily Halts Enforcement of Compliance with PTE and ERISA Fiduciary Obligations for Rollover Advice
Faegre Drinker
Dec. 1, 2021 "In [FAB 2021-02], the DOL announced that ... it will not enforce the requirement that retirement investors be provided with the specific reasons why a rollover recommendation is in their best interest until July 1, 2022.... The DOL will begin enforcing all of PTE's other requirements on February 1, 2022." |
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