"For the moment, though, pay particular attention to the Proposal's six defined factors. For each factor, there is a standard that reflects the DOL's expectations of plan fiduciaries. In addition, there are examples of prudent and imprudent fiduciary behavior under each example. Those factors, standards, and examples reflect the DOL's thinking. That thinking is consistent with views on retirement plan professionals in most cases. While some may be different or more demanding than current practices, they still reflect the behavior that the DOL clearly expects from fiduciaries, and fiduciaries should take that into account as they undertake their activities on behalf of plans."  MORE >>