The New Fiduciary Rule: What It Means To Plan Sponsors -
Bottom line: what does it mean?
If you're a retirement plan sponsor and, unless you've been living under a rock, you've probably heard about the Department of Labor's (DOL) attempt to change the definition of fiduciary. What you probably don't know is how that change may affect your retirement plan. Now that the DOL has published a final rule that has redefined what a fiduciary is, it's important to understand how the change could impact your plan. So this article is about the new DOL fiduciary rule and how it can impact your plan.
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