Since the enactment of ERISA in 1974, there has been a dramatic shift in the retirement savings marketplace from employer-sponsored defined benefit plans to participant-directed 401(k) plans, coupled with the
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IRA
Fiduciary Standard Rule for Retirement Accounts Approved
By John K. Wells on
Posted in Financial Regulation
The Department of Labor has given final approval to its long-anticipated “fiduciary standard” regulation. The new rule – which has been in the works for nearly six years – requires…
Continue Reading Fiduciary Standard Rule for Retirement Accounts Approved