What's In the Final Retirement Security Rule?
The final rule applies fiduciary status for investment sales, rollover recommendations and annuity sales.
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The final rule applies fiduciary status for investment sales, rollover recommendations and annuity sales.
The Department of Labor’s new fiduciary rule clarifies how retirement plan advice, one-time rollovers and annuity recommendations are viewed under ERISA.
Explore the implications of the new regulation designed to promote higher ethical standards among financial advisors.
It seems like an issue everyone can agree on: Financial professionals should be required to handle our retirement money with the utmost care, putting investors’ interests first. But that type of care comes in degrees, and deciding exactly how far advisers should go has been the center of heated debate for nearly 15 years, pitting financial industry stakeholders, who argue their existing regulatory framework is enough, against the U.S. Labor Department, the retirement plan regulator, which says t
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