EDUCATING PLAN SPONSORS and SERVICE PROVIDERS TO THE NEWLY PROPOSED DOL FIDUCIARY REGULATION
The retirement services industry is going through a historical and revolutionary change as a result of the DOLs proposal to redefine who is a fiduciary and what triggers fiduciary status.
The DOL is attempting to cast a much wider net over those that provide services to ERISA plans and IRA’s. It is critically important for plan sponsors to understand what these changes are in order to effectively oversee the various relationships with outside service providers having a relationship with the plan. We believe the following presentation, provided by Stephen P. Wilkes, Esq. of The Wagner Law Group and the National Society Compliance Professionals, will provide you with a solid fundamental understanding of the proposed definition and its potential impact on plan operations.
Feel free to call or email us here at The Retirement Readiness Institute with any questions you may have.
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