The DOL has issued their final regulations relating to the provision of investment advice by a fiduciary adviser to participants and beneficiaries in participant-directed individual account plans, such as 401(k) plans, and beneficiaries of individual retirement accounts (and certain similar plans). Read about the controversy surrounding these regulations here.
DOL’s Final Investment Advice Regulations in Today’s Federal Register
The DOL has issued their final regulations relating to the provision of investment advice by a fiduciary adviser to participants and beneficiaries in participant-directed individual account plans, such as 401(k) plans, and beneficiaries of individual retirement accounts (and certain similar…