Plumbers Local Union No. 1 Benefit Funds |
Retirement, LLC |
Pentegra |
Trucker Huss, A Professional Corporation |
Retirement Plan Administrator (TPA) Retirement Plan Consultants |
Carpenter Morse Group |
Retirement Plan Legal Specialist Pentegra |
Retirement, LLC |
Employee Benefits and Executive Compensation Associate Attorney Verrill |
Retirement Plan Relationship Manager ERISA Services, Inc. |
Retirement Plan Documents Specialist Loren D. Stark Company |
Bates & Company |
Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc. |
RTD Financial Advisors |
Administrator/Consultant (DC and DB) TPA Professionals |
Compass Retirement Consulting Group, Inc. |
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
| |
<< Previous news item | Next news item >>
Best Interest Standard of Care for Advisors, Part 77: Compliance with PTE 2020-02: Mitigation of Incentive Effects of Payout Grids FredReish.com ![]() [Guidance Overview] Dec. 14, 2021 "In effect, the DOL is saying that, if one investment pays more to the firm (for example, 8%), and another pays less to the firm (e.g., 4%), and if the firm passes through a set percent of the commission to the investment professional (e.g., 80%), the firm has an arrangement that passes through its incentive to make more money to the financial professional. The question, then, is, how can the conflict be mitigated? One obvious answer it to levelize the investment professional's compensation regardless of which investment is recommended. While that should effectively mitigate the conflict, it may not be a practical 'solution.' " |
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 link above). |
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified). |