How the Fiduciary Rule Will Affect Your Plan and Employees
Department of Labor (DOL) released a rule last April, which we call "the fiduciary rule." Essentially, it requires all individuals giving advice to retirement accounts to act in their clients' best interests. While this sounds simple on the surface, it involves a lot of complexity and requires robust resources to address the needs of America's retirement investors.
Reviewing these FAQ's should help you prepare for the implementation of the new rule. As always, if you have questions please contact Joe Trybula at firstname.lastname@example.org.