Tag Archives: DOL Fiduciary Rule

DOL Rule

As the effective date, June 9, 2017, rapidly approaches below is some information to keep in mind. As a “fiduciary” to a plan or a participant governed by ERISA’S prudent man rule and duty of loyalty, an advisor must engage … Continue reading

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DOL Rule Prohibited Transaction Exemptions

From Fred Reish  Fred’s last post (Angles #44) discussed the requirements of ERISA’s prudent man rule and of the best interest standard of care for IRAs and plans. This article outlines the requirements of the two prohibited transaction exemptions that will … Continue reading

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DOL Rule Updates

The Department of Labor (“DOL”) published its final rule delaying the applicability dates of its rule changing the definition of the term “fiduciary” (the “Fiduciary Rule”)  by 60 days, as proposed.  The new timeline for compliance with the Fiduciary Rule … Continue reading

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DOL Proposes 60-day Fiduciary Rule Delay

The Department of Labor released a proposed rule to extend the applicability date of its fiduciary rule under ERISA.  The proposal includes a 15-day comment period and would extend the rule’s April 10 compliance date to June. 9. Fred Reish, … Continue reading

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DOL Fiduciary NOT Yet Delayed by President Trump

from Michael Kitces Given the party-lines debate that has revolved around the Department of Labor’s fiduciary rule for the past year – ever since President Trump put the full force and backing of the White House behind the final rule … Continue reading

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Relevant Factors to Consider when Evaluating a Retirement Distribution under the DOL Fiduciary Rule

from Fred Reish’s “Interesting Angles on the DOL’s Fiduciary Rule #29” What are the relevant factors for evaluating whether a participant should take a distribution? In other words, what information does an adviser need to gather and review? In BICE, … Continue reading

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DoL – should I continue to prepare?

There is a lot of talk about whether President-elect Trump will stop the DoL Fiduciary Rule.  As Michael Kitces mentioned in his column last week: “Because the reality is that while the rule will not be enforced until next April – after … Continue reading

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