Federal Judge Strikes Down DOL Rollover Advice Guidance
A U.S. District Court ruled against Department of Labor interpretation that made rollover recommendations count as fiduciary advice.
Tag: Fiduciary Advice
DOL Issues Temporary Enforcement Policy Following 5th Circuit Decision on Fiduciary Rule
The agency noted that some financial institutions have devoted significant resources to comply with the BIC Exemption and the Principal...
What 403(b) Plan Sponsors Can Learn From Recent Lawsuits
Steps can be taken to prevent a lawsuit, establish defenses if a lawsuit arises and buy fiduciary protection.